Platinum and Palladium Headed for Biggest Supply Shortfall Ever

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Platinum and palladium supply probably will fall short of demand for a 4th year in 2015 as more usage in vehicles helps compensate for rebounding South African mine output, according to Johnson Matthey PLC.

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Platinum demand will outpace supply by 1.13 million ounces this year and palladium’s deficit will be 1.62 million ounces, according to London-based Johnson Matthey’s platinum-group metals report.

 

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