(Bloomberg) -- Platinum rose in Asian trading after
a report that stockpiles in Switzerland dropped by almost half
this year, and as wage talks in South Africa raised concerns that
a strike may disrupt supplies.
Inventories in Switzerland, the European storage hub, fell
to 14.7 tons in June from 29 tons in December, John Reade,
London-based head of metals strategy at UBS Investment Bank, a
unit of Zurich-based UBS, said in an e-mailed report yesterday.
Read more at Bloomberg Commodities News
a report that stockpiles in Switzerland dropped by almost half
this year, and as wage talks in South Africa raised concerns that
a strike may disrupt supplies.
Inventories in Switzerland, the European storage hub, fell
to 14.7 tons in June from 29 tons in December, John Reade,
London-based head of metals strategy at UBS Investment Bank, a
unit of Zurich-based UBS, said in an e-mailed report yesterday.
Read more at Bloomberg Commodities News
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