Home > News > Investment demand for PGMs is expected to remain healthy
July 1st, 2009
Investment demand for PGMs is expected to remain healthy
Abstract:
The fundamentals for the platinum market seem to favor platinum prices as investment demand is forecast to remain healthy as mine supply is expected to remain a concern, the CPM Group said Tuesday.
Another recent threat for all three PGMs used in autocatalysts is the use of nanotechnology. However, only two automakers, Nissan and Mazda, are employing this technology on one car model each. Other automakers would have to weigh the costs of acquiring and adapting the technology against cost savings. CPM noted that the technology has no on-road performance track record, which could discourage other automakers.
Source:
mineweb.net
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