China’s pollution control plan may hurt coal, but support palladium: Deutsche Bank

Summary: New pollution standards being implemented in China may have a positive effect for palladium according to analysts at Deutsche Bank. As the country aims to reduce its coal consumption, it’s also attempting to replace older, dirtier cars with cleaner ones. Anti-pollution devices cars, known catalytic converters, contain palladium. As these standards are implemented, it’s expected palladium will benefit. Read more…