If you are interested in trading palladium futures it is helpful to become familiar with
the history of the palladium market. Palladium is the other major metal of the platinum group. Palladium
is mined with platinum, and resembles it in many respects, yet there are important differences between the two metals. Palladium
is also produced as a by-product of nickel mining. Russia supplies about 67% of production, South Africa, 23%; and North America,
8%. Annual production runs approximately 8.1 million ounces.
Automotive catalysts are the largest consuming sector,
accounting for 63% of demand. Electronic equipment accounts for 21%; dental alloys, 12%; and jewelry, 4%.
NYMEX Metals Complex
Click on the link above to download a very informative .pdf brochure entitled "Metals
Complex". It was published by the New York Mercantile Exchange. This is a must read guide for any speculator or hedger
considering an trade in the palladium futures or palladium options.
Click here to contact a commodities broker with experience in the palladium market.