• 2017
  • Reuters cited a Morgan Stanley forecast that palladium shortages would continue until at least 2017, accompanied by a record annual price average next year. (newsmax.com)
  • nickel
  • The three elements above the platinum group in the periodic table (iron, nickel and cobalt) are all ferromagnetic, these being the only known transition metals with this property. (wikipedia.org)
  • Platinum is also produced commercially as a by-product of nickel ore processing. (wikipedia.org)
  • The huge quantities of nickel ore processed makes up for the fact that platinum makes up only two parts per million of the ore. (wikipedia.org)
  • Even though the quantity of platinum metals found in these ores is small, the large volume of nickel ores processed makes commercial recovery possible. (wikipedia.org)
  • Lithium batteries have become a preferred power source for energy-hungry devices such as cell phones because they are more efficient and scalable than previous-generation nickel-metal hydride batteries thus they are in high demand in support of automobile and electronics manufacturing. (wikipedia.org)
  • In anticipation of a growth in demand for government icebreaker services, Norilsk Nickel started in 2006 to order the construction of its own fleet of five icebreaking cargo vessels, in operation as of 2014. (wikipedia.org)
  • fluctuations
  • This can be attributed to the metal's greater exposure to fluctuations in industrial demand, and in particular to purchases by the auto industry, which has been hit hard by global economic collapse. (moneyweek.com)
  • ounces
  • last year the opposite was happening to the extent of 265,000 oz - a swing in the supply/demand balance of almost a million ounces a year over the period. (moneyweek.com)
  • The uncertain macro-economic environment stimulated a flurry of activity into physical and paper investment products, with the US-based platinum ETF adding half a million ounces during the year. (financialresults.co.za)
  • Investment demand also increased during the year and this, in combination, with the launch of the US ETF for palladium resulted in an additional million ounces of demand, providing further impetus to the rising price. (financialresults.co.za)
  • The probable end to Russian destocking of palladium, which has added roughly one million ounces per year for the last six years, has also benefited sentiment in this market. (financialresults.co.za)
  • An average auto-catalyst using palladium contains about 0.13 ounces of the metal, according to Reuters. (newsmax.com)
  • As of 1996, the largest applications of platinum metals were, in thousands of troy ounces/year: Pd for autocatalysts (4470), Pt for jewelry (2370), Pd for electronics (2070), Pt for autocatalysts (1830), Pd for dental (1230), Rh for autocatalysts (490), and Pd for chemical reagents (230). (wikipedia.org)
  • The strike cost the platinum industry around 1.2 million ounces of production, worth about 24 billion rand ($2.25 billion). (wikipedia.org)
  • copper
  • citation needed] Chlorine price steadily increased throughout 2007 and early 2008 as demand for PVC and some metals like copper, neodymium and tantalum rose due to the increased growth of the BRIC countries' demand for electrical goods. (wikipedia.org)
  • shortages
  • Several other causes have been postulated, including skills shortages and increasing demand for electricity around the country. (wikipedia.org)
  • PRICES
  • Prices for platinum and palladium have been climbing from lows hit late last year. (marketwatch.com)
  • In just the last few days, discussion of the increased investment demand potential linked with the exchange-traded funds has helped boost prices for the metals. (marketwatch.com)
  • Trade in jewellery scrap nearly doubled to 910,000 oz last year, as families and businesses squeezed by the credit crisis sought to raise cash by selling assets, encouraged to do so by high prices from sale of their platinum valuables. (moneyweek.com)
  • This substantial rise in investment demand had a greater influence on prices for the year than fundamental activity. (financialresults.co.za)
  • Sustained higher platinum prices throughout 2010 resulted in significantly reduced Chinese jewellery demand. (financialresults.co.za)
  • citation needed] There was a sharp down-turn in prices during 2008 and early 2009 as a result of the credit crunch and sovereign debt crisis, but prices began to rise as demand recovered from late 2009 to mid-2010. (wikipedia.org)
  • citation needed] Advisers claimed that commodity prices could be predicted better than stocks, since they are traded for actual usage and the price is based on supply and demand, while stocks are bought for speculation and news immediately influence prices. (wikipedia.org)
  • Analysts
  • Thanks to a sustained strong investor interest, platinum and palladium continued their price rally that was seen during the past days,' said analysts at Commerzbank in a note to clients. (marketwatch.com)
  • Twenty of 25 traders, investors and analysts surveyed by Bloomberg, or 80 percent, said the metal will gain next week as concern that the world economic recovery is stalling spurs demand for bullion to protect wealth. (bloomberg.com)
  • Physical demand "picked up again in recent days as doubts about the eurozone banking system returned," analysts at Dublin-based broker GoldCore Ltd. said in a report. (bloomberg.com)
  • expects
  • DENVER -- Stillwater Mining Co. (SWC) expects a price-driven shift from the use of platinum to palladium this year, as the two metals are often interchangeable and there is a large price gap between them, the company's chief executive said Monday. (allstocks.com)
  • Jewellery
  • Palladium is a metal that will soon be in large demand for use in new palladium coated flat-panel TVs and fuel cells, and the Chinese are loving it for jewellery. (allstocks.com)
  • Demand for jewellery is falling. (moneyweek.com)
  • Not only because the wealthy have less to spend on jewellery, but also because of strong competition in recent years from the cheaper alternative, palladium. (moneyweek.com)
  • This changed when platinum became so expensive that the jewellery industry, particularly in China, saw the potential for making and marketing much cheaper pieces made of palladium. (moneyweek.com)
  • Jewellery demand should recover, and would do so strongly should the platinum price fall back to the $900 region. (moneyweek.com)
  • Palladium is 44% lighter than Platinum, which means that Palladium can be crafted into larger, bulkier pieces of Jewellery and can still be worn in absolute comfort! (sooperarticles.com)
  • Palladium is fast becoming the future of Jewellery making, the Ferrari or Bentley of the automobile industry, but still without the expensive price tag that goes with the product at the forefront of demand and popularity! (sooperarticles.com)
  • supply
  • But 'exposure in the U.S. markets, the biggest and best markets in the world, would likely have much greater impact on the supply and demand balance,' said Wright. (marketwatch.com)
  • In the previous sections of this edition of the Market Overview, we presented the demand and supply outlook for platinum and palladium. (futuresmag.com)
  • Platinum and palladium rose at least 6.8% on concern mine supply will fall as demand increases. (futuresmag.com)
  • At first blush, platinum s price chart looks a bit anemic, even though the supply situation as noted by the authoritative PGM source Johnson Matthey remains bullish. (goldseek.com)
  • If you analyze platinum s weekly, monthly and even yearly charts out to 5 years, you may be tempted to dismiss its potential for near-term price strength, in spite of bullish supply-demand talk coming in from all quarters. (goldseek.com)
  • However this model tends to disregard the influence of other factors outside basic supply/demand curves such as market regulation and the increased tendency for costlier components to be targeted for replacement by new technologies. (wikipedia.org)
  • The boom was largely due to the rising demand from emerging markets such as the BRIC countries, particularly China during the period from 1992 to 2013, as well as the result of concerns over long-term supply availability. (wikipedia.org)
  • year
  • Combined with its 11% gain in U.S. sales during 2013, last year was a great one for autos, and that could add to palladium and platinum demand for the foreseeable future. (fool.com)
  • Peter Ryan, GFMS's senior consultant, says the outlook for platinum is "very fragile" because of the collapse in motor vehicle production, which could easily continue to fall, perhaps by another 15% this year. (moneyweek.com)
  • European platinum usage as a result grew by nearly 50% over the prior year. (financialresults.co.za)
  • Palladium (Crouching Tiger) has a classic chart setup into 14 year highs. (goldseek.com)
  • Platinum (Hidden Dragon) seems to be forming a massive falling wedge or rectangle on the 25 year charts. (goldseek.com)
  • A look at the 25 year palladium chart enables us to calculate a finger spread target of around $1,300 (adding the 2009-11 run amount from $180 c. $860 = c. $700 + the ensuing decline level of around $550, thus our initial target of $1,250-$1,300. (goldseek.com)
  • and platinum, which has done relatively better than palladium this year, to hit $1,900, representing a 3 percent increase. (cnbc.com)
  • metal
  • As retail investment demand is price-sensitive, it's likely to ease considerably unless there is a sharp fall the price of the metal. (moneyweek.com)
  • Increased substitution of platinum by palladium in diesel applications added further demand for this metal. (financialresults.co.za)
  • Not only is it lighter, but Palladium is also an extremely strong metal, making it scratch resistant and an ideal ring for any man or woman that has a "hands on" job or active lifestyle. (sooperarticles.com)
  • Platinum, Palladium-The New Hot Metal Trades? (cnbc.com)
  • It is a noble metal and a member of the platinum group. (wikipedia.org)
  • Sperrylite (platinum arsenide, PtAs2) ore is a major source of this metal. (wikipedia.org)
  • Speculators hope to make a viable play on a perceived growth in demand for lithium metal due to the widespread adoption of lithium batteries in emerging technologies. (wikipedia.org)
  • Unlike physical platinum, the customer does not own the actual metal but rather has a claim against the bank for a certain quantity of metal. (wikipedia.org)
  • Other ways of investing in platinum include spread betting or contracts for difference on the price of the metal, owning shares in mining companies with substantial platinum assets or exposure, owning traded options in platinum (only available in the US market). (wikipedia.org)
  • The report aimed to calculate the amount of metals present in society and assess the potential for utilising in-use stock to offset demand from virgin metal. (wikipedia.org)
  • Demand for the metal is rising, with increasing air travel, but its rarity means increasing extraction is not simple. (wikipedia.org)
  • investment
  • So this has obviously been a big boost for investment demand. (marketwatch.com)
  • Explosive growth in investment demand. (moneyweek.com)
  • Retail investment (bars and coins) is estimated by the leading independent research consultancy GFMS to have gone from a negligible figure five years ago to 6% of total demand in 2008. (moneyweek.com)
  • An investment in palladium is an indirect bet on the automotive market," Morningstar said in an article for Seeking Alpha. (newsmax.com)
  • reaction
  • one noteworthy example is the reaction: Ni(COD)2 + 4 CO → Ni(CO)4 + 2 COD The product Ni(CO)4 is highly toxic, thus it is advantageous to generate it in the reaction vessel upon demand. (wikipedia.org)
  • price
  • Platinum is traded as an ETF (exchange-traded fund) on the London Stock Exchange under the ticker symbol LSE: PHPT and on the New York Stock Exchange as ticker symbol PPLT There are also several ETNs (exchange-traded note) available, some of which are inverse to the price of platinum. (wikipedia.org)
  • catalyst
  • Three years later another GE chemist, Leonard Niedrach, devised a way of depositing platinum onto the membrane, which served as catalyst for the necessary hydrogen oxidation and oxygen reduction reactions. (wikipedia.org)
  • Palladium is mostly used in engines as a catalyst converting 90% of highly harmful exhaust gasses into less harmful ones. (wikipedia.org)