Palladium Supply and DemandHere is a brief account of the demand palladium has seen over the past few years. The information comes duing the econmomic crises, in spring 2008, from Johnson Matthey in its 60-page "Platinum" report. However, the report contains quite a bit of information about palladium. I'm awaiting some 2009 information to get things updated, but for now, this info is through 2008.
Why Study Palladium Demand and Supply?Looking at the current usuable palladium supply--the above ground reserves, that is--the metal coming out of the ground through mining, and the metal being recycled, we can accurately gadge whether consumer demand is being met or not. If demand does not look like it will be met, palladium investing now would be a good choice. If mines are upping production to invest in palladium wouldn't be wise, all other factors remaining constant. If this is all you want to know for your palladium invest purposes and you don't want to read further, reading the following paragraph will save you time.
Is Palladium Demand Being Met by the Palladium Supply?With all of the scrap palladium--and platinum and rhodium, for that matter--being recycled along with continued mining, palladium demand is currently being met and palladium supply should keep up with demand through 2010, at least. The troubled ecomony means less money for consumers (should I say less available credit?) to purchase new vehicles--the main source of palladium demand.
2007 Palladium Demand was up 4% over 2006 to 6.84 Million Ounces
The Stillwater Mine During a Miner's Strike