EDITORIAL: Palladium demand to remain strong over next few years due to new emission norms, shift toward petrol vehicles
However, spot price of the metal is unlikely to rise significantly this year due to weakness in global light vehicle production, especially in China, United States and Europe
The demand for palladium is expected to remain strong in the near-term due to introduction of tougher vehicle emission norms and a marked shift in consumer preference from diesel to petrol (gasoline) engines―the auto industry consumes more than half of all palladium supply globally
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