Mining News

Market recognising higher likelihood of platinum deficit than surplus in years ahead – WPIC

Share on facebook
Share on twitter
Share on linkedin
Share on email

Right now, the market is recognising the higher likelihood of platinum being in deficit rather than in surplus in the mid-term years ahead, said World Platinum Investment Council research director Trevor Raymond on Thursday. Raymond expects pent-up up consumer demand for vehicles to reduce any surplus, along with the substitution of platinum for palladium, which he describes as being “very material”. (Also watch attached Creamer Media video.)

Share this article

Share on facebook
Share on twitter
Share on linkedin
Share on email