Pd at record high as demand hastens supply crunch

摘要

Palladium prices rose to a record high this week as renewed consumer demand, particularly from the automotive sector, could heighten supply pressure. The precious metal reached $2,866/oz on 22 April, according to UK speciality chemicals producer Johnson Matthey, the highest since the firm started publishing prices in 2000. Prices have risen by 15.5pc from $2,481/oz on 4 January.