Is a 'Palladium - Platinum price inversion' in the cards?

3 posts / 0 new
Last post
Gwyde
Gwyde's picture
Offline
Joined: 08/29/2011
Hat Tips: 2311
Posts: 798
Is a 'Palladium - Platinum price inversion' in the cards?

"A 'Palladium - Platinum price inversion' is it conceivable? Well, there has been a precedent:"

Continue reading at :  Is a 'Palladium - Platinum price inversion' in the cards?

__________________

Gwyde

Gwyde
Gwyde's picture
Offline
Joined: 08/29/2011
Hat Tips: 2311
Posts: 798
Narrow price gap

By the Friday close last week, the Pt-Pd price gap narrowed down to $17. This must have been the lowest value since over a decade. Even though daily fluctuations have turned in the opposite sense this Monday, the price inversion perspective is not off the table.

The present narrow price gap favors PLG miners with a significant unhedged palladium fraction in their output & sales. Yet above all, this is beneficiary for the few large industrial recyclers: even though they have supply constraints (quantity of spent converters), margins keep on climbing.

__________________

Gwyde

Gwyde
Gwyde's picture
Offline
Joined: 08/29/2011
Hat Tips: 2311
Posts: 798
End of the palladium surge ?

Even with palladium recovering well from its triple digit price dip last week, the Pd price still is well below its peak at $1122 (closing bid) earlier this year.

On Mining Corner this article adds perspective: End of the Palladium surge?

__________________

Gwyde

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Syndicate contentComments for "Is a 'Palladium - Platinum price inversion' in the cards?"