LONDON, May 23 (Reuters) - Rhodium prices are heading higher and will soon spike through $10,000 an ounce because of supply shortfalls from South Africa, the world's largest producer, Standard Chartered said. Prices of the minor precious metal , used by car makers in autocatalysts and by the glass making industry, are trading around $9,800 an ounce, a jump of more than 50 percent since the start of 2008. The trigger for the price surge this year was the power crisis in South Africa, ...
Premium Content (PAID Subscription Required)
"Standard Chartered sees rhodium above $10,000/oz" 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:
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.