South African output of palladium is forecast to grow 250,000 oz to 2.86 million oz as expansions in mining capacity proceed more quickly than in 2005.
Total Russian palladium supply is again expected to be above production, at 4.37 million oz.
North American shipments will climb by 6 per cent to 955,000 oz. Palladium output from Zimbabwe and the Rest of the World will also increase by 20,000 oz in 2006 to 300,000 oz.