1.   Bureaucratic disputes over control of export licenses blocked Russian shipments of platinum and palladium for the first seven months of the year.

2.   Crude oil prices surged, after Nigerian and Russian shipments were delayed.

3.   In the absence of Russian shipments, demand from automobile and jewelry makers eroded stockpiles.

4.   In LONDON, platinum and palladium futures traded mixed as traders await confirmation that promised Russian shipments of the metals have begun.

5.   In NEW YORK, platinum and palladium futures held steady with no confirmation that promised Russian shipments of the metals have begun.

6.   In recent days, holders have been selling metal, anticipating that currently high prices will fall after Russian shipments resume, the analysts said.

7.   Moreover, the resumption of Russian shipments may not satisfy consumer demand, traders said.

8.   On other markets, platinum and palladium fell as Russian shipments of the metals are set to resume after a halt of more than six months.

9.   Platinum and palladium surged to their limits after a walkout at a South African refinery added to concern about more Russian shipment delays.

10.   Platinum and palladium futures held steady with no confirmation that promised Russian shipments of the metals have begun.