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New metal shoots the glow of gold, why are the Russians laughing? | World



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November 25, 2018 07:12 |

This is the best performance of metal in the leading metals, and investors are increasingly interested in it.

Palladium prices (silver and white metal) record record level

This is the best performance of metal in the leading metals, and investors are increasingly interested in it.

According to the CLM research group, about 70 percent of palladium demand comes from the auto industry. Metals, which are mainly used in catalytic converters, play a major role in moving the automotive industry into diesel to gasoline engines. There has been an increase in the demand for change market, which currently offers limited offers.

In addition, experts say that smuggling in China is another factor contributing to the demand of palladium flowers. Pollution levels are high, car manufacturers use more and more catalysts.

Citigroup analysts have predicted a rise in this metal price, but now the issue of supply is raised.

Russia and South Africa jointly produce about three quarters of the world. Russian company Norniclage is the world's largest Palladian manufacturer.


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