NEW YORK ( TheStreet) -- The move to end the yuan's peg to the dollar will lower the import costs of palladium for China's automobile manufactures. Overall, cheaper costs to manufacture cars and a probable decline in car prices will increase automobile demand. This, in turn, will increase the demand for palladium and the metal's price.Palladium producers Stillwater Mining (SWC - Get Report), North American Palladium (PAL - Get Report) "/> -- palladium stock picks -- and Platinum Group Metals (PLG) are poised to benefit from the increase in palladium prices.
Palladium May Gain From Yuan Revaluation
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