Johnson Matthey has unveiled its 2007 Interim Review around the world and for the first time ever in Shanghai, China.

General Manager for Market Research at Johnson Matthey, Peter Duncan, addressed the event in Shanghai and explained that the company has moved to include China in its presentations because of the country's growing importance in the platinum sector.

"China is one of the most important markets for pgms. This is because it is the largest platinum and palladium jewellery market worldwide," Mr Duncan stated.

"Its automotive market has also shown steady growth and continued potential. With stricter emission control regulations around the world and here, platinum and palladium-based catalysts are becoming a standard requirement in vehicles," he added.

The November Interim Review provides detailed forecasts of pgm supply and demand for the full calendar year as well as short-term market outlooks and six-month platinum and palladium price forecasts. It follows up on Johnson Matthey's main review, which published in May.

This year's launch of the November Interim Review involved press conferences taking place simultaneously in London, New York, Johannesburg, Moscow and Tokyo.

Sources

Platinum 2007 Interim Review - http://www.platinum.matthey.com/publications/119436301025877.html

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