(L) Palladium★ Featured Topics​Commodities

Metals: Still Palladium’s Moment to Shine

MRP added Long Palladium as a theme on October 9, 2017, on the basis that improving demand and supply fundamentals were setting the stage for a multi-year supply deficit that would push the metal’s price higher. But, after delivering the best return among major raw materials in 2017, palladium has struggled this year. Palladium’s spot price and the palladium ETF (PALL), which we are using to track the theme, are both down about 10% year-to-date, with several ups and downs between the beginning of the year and today. Overall, the theme is up 6% since the October ...

 

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