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(English) WPIC: Platinum demand outstripped supply by record 932 koz in 2020, with third consecutive annual deficit expected in 2021
(English)
LONDON, March 10, 2021 /PRNewswire/ —
- Supply down 17% in 2020, while demand down only 7% and deficit of -932 koz – the largest on record
- Third consecutive annual deficit forecast for platinum in 2021
- Automotive platinum demand in 2021 forecast to increase 25% accelerated by Chinese heavy-duty vehicles
- Investment demand to remain strong as platinum’s links with the hydrogen economy continue to attract investor interest, while platinum remains…