Due to the growth of palladium price, Norilsk Nickel intends to increase ingots manufacture.
The company will also sell some 3 tons of palladium from its Global Palladium Fund, which could cover 1% of the global demand.
Analysts believe, the market has been overheated, while the real demand for palladium is not that large.
Industry uses the metal in powder form, while financial investors buy ingots. (Ukrainian metal)