Citigroup favours palladium for 2015

摘要

Palladium mine supply production this year will fall to 5.9 million oz. - its lowest level in nearly 20 years, and an 8% drop from 2013 - while demand for the metal grows, Citi group outlines in a Dec. 1 research report. Most of this year's losses came from a six-month strike in South Africa. But flatlin-ing palladium production in Russia, a coun try that supplies 40% of the world's palla dium, also contributed, say analysts at Citi Research, a division of Citigroup. What's more, they say, they see "little prospect of any growth in Russian mine supply going forward."