关于钯金的一个非常好的研究报告。

Hereaus Says `Chronic Shortage’ of Palladium Is Unlikely

By?Elena Mazneva

(Bloomberg) –?While physical palladium ETF holdings?have fallen?from a peak of 2.9m oz in 2014 to 0.7m oz at the end of 2018, there are other sources of stock including those created by producers, refiner Heraeus says in?research report.

It’s hard to gauge the exact level of global stocks, although various sources have estimated a range between 10m oz and 18m oz, or roughly one to two years of demand

Russia’s Nornickel, for instance, has created a palladium fund with metal acquired from third-party sources that delivered over