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recently, the world's largest platinum group metals manufacturer and distributor of Johnson Matthey Platinum Yearbook released the latest global platinum jewelry demand rose 2% to $ 77.1 tons in 2011. Among them, China's demand for platinum jewelry increased by 2%, up to 52.3 tons, accounting for 67.83% of the world. With a significant increase in demand for platinum opposite belong PGMs palladium jewelery 2011 global purchase volume fell by 15%, which, China palladium demand fell by 1.7 tons to 9.5 tons. 2011 palladium continued to suffer in the key market of China, many people in the industry expressed concern about the development prospects for the future of palladium in the jewelery market in 2012, from the current situation, palladium jewelry demand is likely to continue to decrease. demand: Platinum stronger palladium down Johnson Matthey said in a report, the platinum price is higher than in previous years, but the first half of 2011, China's demand remains strong. The second half of the year, platinum prices fall, gold premium compared to platinum, the trend to increase the profits of the manufacturers, partially offset by rising labor costs and the impact of the credit crunch, making platinum jewelry production more attractive. Chinese manufacturers purchase surge enhance the total demand of platinum. Johnson Matthey said, this year the strength of the demand for platinum jewelry part depends on the interest of consumers in China, the jewelry brand in Hong Kong to continue the expansion of retail in the Mainland, and create the opportunity to increase the sales of platinum jewelry. 2012 platinum jewelery demand stronger growth momentum. same as PGMs members palladium did not get the same The data show that the global jewelry industry palladium purchase fell by 15 percent to 15.7 tons. Europe needs to reduce to 1.9 tons, Japan needs to reduce to 2.2 tons, the total demand in North America fell 31 percent, to 1.4 tons. sales: prices rose led to decline
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