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28.04.2020 Palladium Daily Analysis

Palladium today is trading on 1,911.30 USD. The commodity is getting its gains from, a  shortage of supply which is coming from the shutdown

28.04.2020 Palladium Daily Analysis
Yazar: Zack Smith

Yayınlanma: 29 Nisan 2020 02:05

Güncellenme: 6 Kasım 2024 03:19

28.04.2020 Palladium Daily Analysis

Palladium 1,911.30USD, +16.50 , +0.87% Palladium today is trading on 1,911.30 USD. The commodity is getting its gains from, a  shortage of supply which is coming from the shutdown of production in some areas. This has offered some support for palladium prices. South Africa is one of the countries that produces over 30% of the world's palladium and right now South Africa is on lock-down which led to the shutdown of the metal production and they haven't announced any certain date for the easing of the restrictions. Palladium continues to benefit from China’s clean air standards as the stricter air-quality rules still apply in the country.
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