By Dave McCombs
Aug. 19 (Bloomberg) -- Palladium futures in Tokyo fell below 1,000 yen a gram, dropping for a third day to the lowest since June 2006 on rising expectations that demand for the metal used in vehicle exhaust filters may be less than some had expected.
Palladium for June delivery fell 2.5 percent to 993 yen a gram ($281 an ounce) on the Tokyo Commodity Exchange. The most- active contract traded at 997 yen a gram at 10:01 a.m. local time.
To contact the reporter for this story: Dave McCombs in Tokyo at dmccombs@bloomberg.net
Last Updated: August 18, 2008 21:08 EDT
Tuesday, August 19, 2008
Palladium Futures Sink Below 1,000 Yen a Gram to Two-Year Low
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