Prečo investovať do PGMs

Predpokladá sa, že s oživovaním globálnych priemyselných aktivít vrátane výroby áut sa spotreba platiny v roku 2010 zvýši asi o 8% a paládia o 10%, čo ovplyvní ich fundamenty dopytu a ponuky - tzn., že zhodnotenie PGMs by malo byť lepšie ako v minulom roku.

In fact, everything is falling in place for the PGMs, considering the industrial recovery staged by the recession-hit nations. Take note of the following trends: US dollar still under threat, the competitive currency devaluation concerns, an eventual move toward a higher inflation environment, and improvements in jewellery and industrial demand as the world pulls out of recession.

The end to producer de-hedging, central bank net buying after a very long pause, and concerns that excessive US and European government debt may lead to future monetization are additional key drivers for the outlook.

These are some of the factors which will help PGMs perform better than the previous fiscal.

And, to add to that world’s third largest platinum producer Lonmin has announced that its No. 1 furnace has been shut down after another incident at the troublesome smelter, with repairs expected to take over a month.

This will certainly impact the platinum production in this year. Demand rebound and sluggish supply are prompting PGMs and silver to outperform. Silver supplies were flat last year, platinum availability fell more than 10% and palladium supply declined 4%.

Given that platinum consumption is projected to jump about 8% in 2010 (auto catalyst consumption moving up some 9%) and palladium demand about 10% (auto catalyst consumption moving up some 20%), PGM supply/demand fundamentals are set to tighten materially as well.

Článok:www.commodityonline.com/news/Why-you-should-invest-in-platinum-group-metals-27163-3-1.html

07.04.2010