Sunday 28 May 2017

#AOJDailyeNews Evenly balanced year for platinum in 2017, supply deficits to continue

  The platinum market is expected to be broadly balanced over the year with a deficit of 65000 oz forecast for this year. Above ground stocks are expected to end the year at 1.89-million ounces, which is a 3 per cent decline on 2016 and in excess of 54 per cent down from 2012 levels. This is according to the World Platinum Investment Council’s (WPIC’s) latest Platinum Quarterly report, which was released on Monday. Read More 

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