Friday, July 24, 2015 9:19:33 AM
http://www.miningweekly.com/article/bridal-platinum-jewellery-demand-up-in-china-fuel-cells-powering-blocks-of-flats-2015-07-23
While platinum market fundamentals continue to have downside risk potential, the reality is that 1% more light duty vehicles were sold across the entire world in the first half of the year, which has created additional demand for both platinum and palladium. In Western Europe, first-half autocatalysis demand growth rose by the highest percentage of 8% year-on-year, followed by the North America at 4% and China at 3%. Light duty vehicle sales have increased for 22 months in a row with vehicle emission standards under Euro Six increasing platinum group metal (PGM) loadings.
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