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LME launches LBMA Platinum, Palladium prices

The London Metal Exchange (LME) has successfully launched LMEbullion, a custom-built electronic solution to provide reference prices for the platinum and palladium markets. LMEbullion began providing the LBMA Platinum and Palladium Prices on 1 December, replacing the previous pricing mechanism run by the London ...

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Switzerland continues to remain net exporter of Palladium in October

Switzerland remained a net exporter of palladium once again in October. In fact, October’s net export figure extends Switzerland’s net-export-streak to an entire year, supporting perceived tightness in the palladium market. According to Barclays, palladium imports fell by more than ...

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Societe Generale cuts forecasts for palladium and platium prices in 2014 and 2015

Societe Generale is cautious on platinum group metals and downwardly revised its forecasts. Prices have tumbled in recent weeks, and while speculators remain net long, their bullish positioning has fallen since mid-August as the number of shorts increased, According to ...

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Barclays sees Palladium to avg $850 an ounce in the final quarter of 2014

Palladium prices are expected to average $850 an ounce in the final quarter of this year and $890 an ounce next year, said Barclays. Barclays also forecasts the palladium market to deliver a record deficit this year and they expect the ...

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