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Palladium market could move into deficit in 2010: Barclays
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Palladium market could move into deficit in 2010: Barclays# Stock
X*r
1
Washington (Platts)--24Jun2010/519 pm EDT/2119 GMT

Investment demand and the steady depletion of Russian state stockpiles
are likely to bring the palladium market into balance in 2010, analysts said
UK investment bank Barclays said in a report Thursday.
"Despite an expected increase in supply, we believe strong growth in
investment demand, coupled with the possible exhaustion of Russian state
supplies has the potential to balance the market in 2010, and even drive it
into deficit," Ba
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X*r
2
approximately 50% of palladium is used as carbon catalytic converter in auto
industry for CO2 reduction. The rest is used in jewellery and other areas.
As auto industry in China is growing rapidly, it is expected the demand for
palladium will increase correspondingly.

said
it

【在 X*********r 的大作中提到】
: Washington (Platts)--24Jun2010/519 pm EDT/2119 GMT
:
: Investment demand and the steady depletion of Russian state stockpiles
: are likely to bring the palladium market into balance in 2010, analysts said
: UK investment bank Barclays said in a report Thursday.
: "Despite an expected increase in supply, we believe strong growth in
: investment demand, coupled with the possible exhaustion of Russian state
: supplies has the potential to balance the market in 2010, and even drive it
: into deficit," Ba

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