PLATINA - $2 200/oz v polovici roka?

JSE-listed Northam Platinum, which operates the deepest platinum mine globally, said on Wednesday that prices for the metal could surge to levels as high as $2 200 /oz by mid year, and that sister metal rhodium could hit $9 000/oz, as supply worries plagued the market.

Platinum hit new record highs for nine consecutive days this month, after the power supply crisis in South Africa led miners to cut production forecasts in a market that was already in deficit.

Northam marketing manager Jerry White said he believed that the firm would sell its platinum at levels between $1 750/oz and $2 200/oz in the first half of calendar year 2008, with rhodium fetching from $7 000/oz to a huge $9 000/oz.

Producers of these two metals were not managing to supply enough to meet demand, and this situation would continue for the foreseeable future, he added.

Even the price outlook for palladium, which had lagged behind the other platinum-group metals over the past couple of years, was looking more positive, White said, forecasting it to trade between $400/oz and $500/oz during the first half of the year.

Zdroj:

19.02.2008

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