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Experts say palladium’s rally could be threatened due to massive drop in car sales in China

via The Japan Times    Feb 14, 2020
Credit : Bloomberg

A record 22 percent slump in China’s January car sales is threatening to derail the rally in palladium, used to curb emissions from vehicles.

The precious metal generated a 59 percent return for investors last year, the most of any commodity tracked by a DCI BNP Paribas gauge. The rally was fueled by expectations that stricter Chinese environmental standards will spur higher loadings of the material in cars. The bullish sentiment is...

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