Palladium will reach its highest yearly price on record this year and could top that in 2015 as expectations for lower South African output combine with a recovery in demand and doubts over Russian supply, a Reuters poll showed. Palladium, which has averaged $777 an ounce in the first half, is expected to average $805.50 an ounce in the full year, up more than 10 percent from 2013 and its highest since Reuters data began in 1984, a survey of 31 analysts and traders showed.