Home | November 2011News | Platinum Set for Small Surplus in 2011 but Demand is Increasing says Pan American Metals of Miami |
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Platinum Set for Small Surplus in 2011 but Demand is Increasing says Pan American Metals of Miami
- Platinum Set for Small Surplus in 2011 but Demand is Increasing says Pan American Metals of Miami
- November 16, 2011
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Demand from automotive and jewelry industries remains strong.
MIAMI, FL - Despite an ongoing crisis in Europe and persistent unemployment in the US, there is still a thriving global market for new cars. The emerging economies of India and China are among the largest consumers and Japan is returning to normal production levels in the wake of the devastating earthquake and tsunami in March.
Platinum is set to end the year with a surplus, but it will likely be a very small surplus. Physical demand for platinum also remains high, especially from the jewelry...
- View more at: http://www.1888pressrelease.com/platinum-set-for-small-surplus-in-2011-but-demand-is-increas-pr-350539.html
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