Palladium demand unlikely to recover to 2019 levels before 2022: Stone X

摘要

Palladium demand is not expected to reach 2019 levels until at least 2022, with platinum levels potentially taking even longer, StoneX Group head of market analysis for EMEA and Asia regions Rhona O’Connell said in a research note. “Within that sector itself, while there has obviously been a massive contraction in sales, the recovery is already underpinning the rapid growth in market share that is held by the hybrid and battery vehicles,” O’Connell said Sept 8.