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Platinum to Palladium Shortages Seen Shrinking on Supply Rebound

Shortages of platinum and palladium will contract from record levels as South African supplies rebound after last year’s mines strike and investors sell, according to Johnson Matthey Plc.

Palladium is set to record the smallest shortfall in four years in 2015, while platinum will come the closest to a balanced market in three years as recovering supplies offset growing demand from car-makers, data from the company showed.