Morning Platinum Market Report 10/9

 
on October 09 2012 10:36 AM

The platinum market appears to be outperforming the rest of the metals complex, and may be finding some support from ongoing labor turmoil in South Africa. At least one mine there is working with reduced staff, while other mines are concerned about the potential for more strikes. News of another liquidity effort from the Chinese central bank overnight may be providing platinum with additional support, but the Chinese news hasn't provided a distinct benefit for many commodities during overnight trading. 

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*Disclaimer: The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed therein constitutes a solicitation of the purchase or sale of any futures or options contracts.

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