Mining Weekly.com Browse Help
Intelligence on mining

Platinum market set for another surplus in 2018 – Johnson Matthey

The platinum market is set for another surplus this year after recording oversupply of 110 000 oz in 2017, Johnson Matthey said in a report on Wednesday, although its sister metal palladium is tipped to see another deficit. Platinum demand fell nearly 7% last year, with sharp falls seen in Japanese investment and Chinese jewellery buying as well as a slowdown in consumption by carmakers, who use the metal in catalytic converters, the company said.

Latest content...

Register for daily alerts on news as it breaks in various key economic sectors - Click here to register