WPIC: Platinum market in structural deficit: third consecutive deficit with 848 koz expected in 2025 following 995 koz in 2024
Highlights Full year 2024 deficit of almost 1Moz and 2025 forecast deficit up 57% on updated forecast Total supply up 3% in 2024 and is forecast to reduce 4% in 2025 Automotive demand at 3,130 koz in 2024 and 3,102 …
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READ MOREMarch 5, 2025
WPIC: Second consecutive platinum deficit forecast in 2024 amid ongoing automotive and industrial demand strength and constrained supply
Platinum deficit of 353 koz forecast for 2024, with this year’s deficit to exceed 1 million ounces Both mining and recycling supply expected to be well below pre-COVID levels in 2023 and 2024 Automotive demand …
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READ MORENovember 21, 2023
WPIC: Platinum deficit of 983 koz now forecast for 2023 as stronger-than-expected demand growth outstrips constrained supply
Revised platinum deficit forecast for 2023, up 77% to 983 koz, as demand grows 28% and supply decreases 1% year-on-year Stronger-than-expected positive investment demand in quarter one sees full-year forecast raised to 433 koz Industrial …
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READ MOREMay 15, 2023
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