LONDON, Feb 26 (Reuters) - Standard Chartered said on Thursday it expects rhodium prices to pick up in the second half of this year as the auto sector starts to recover. The London-listed bank expects prices of rhodium, a by-product of platinum production, to average $1,500 a tonne in the second half of this year and $2,500 a tonne next year. That compares with current levels around $1,150 a tonne . "From the middle of the year the auto sector should start to come back to life, helping ...
Premium Content (PAID Subscription Required)
"Auto recovery in H2 '09 will boost rhodium-StanChart" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.