Palladium futures rose to a 34-month high and platinum headed for the longest rally in three weeks after mining companies and striking workers failed to reach a pay accord in South Africa, a top producer of the metals. Palladium has climbed 13 percent since the start of the strike on Jan. 23. Supply deficits will increase to the highest in at least 30 years, according to Johnson Matthey Plc, which makes a third of the world’s catalytic converters.
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