View Full Version : Strike dialogue suspended

02-06-2014, 03:41 PM
Strike talks at the pgm mines in SA have now been suspended without a solution, looks like it could be another week without production. When will the markets react to this?

02-06-2014, 04:11 PM
If you believe in the idea that supply and demand control prices, then at the present rate of demand and the present above ground supply, prices should go up sometime around July, 2014. But then again, if demand in China slows down, it could be longer. In either case, the rhodium price should outpace platinum and palladium. But the invisible hand could effect prices a lot more than supply and demand.