The prices of platinum, palladium and rhodium in the international market between 2006 and 1012 and the impact of economic and other factors
Part of : Αρχείον οικονομικής ιστορίας ; Vol.XXVII, No.2, 2015, pages 47-67
Issue:
Pages:
47-67
Abstract:
This article focuses on the fluctuation in the prices of platinum, palladium and rhodium, the three most commercially significant metals of the platinum group (PGMs). Those metals are not only the ones most widely used, but also the ones boasting the highest prices. Their most common application is in the sector of autocatalysts. We examine the period 2006-2012; in other words, we examine both years of economic progress but also years of recession of the global economy. The objectives of the article are to assess whether supply and demand predominantly affected the prices of those metals in the global market and to determine whether there are any other non-economic factors having impact on their prices- a deduction that seems to be valid.
Subject:
Subject (LC):
Keywords:
market structure, pricing, demand, supply, metals
Notes:
JEL Classification: D4
References (1):
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