Quantcast
Channel: platinum
Viewing all articles
Browse latest Browse all 29

Platinum market expected to be balanced in 2016

$
0
0
Top-News: 
No
Teaser-Pics
Teaser-Bild 4z3: 
Teaser Text: 
Automotive demand for platinum is expected to reach 3.315 million oz next year for an increase of 2% over 2015, according to the World Platinum Investment Council (WPIC). Meanwhile, jewellery sales, industrial end uses and investment demand are expected to deliver ‘modest’ growth in 2016.

Total mining supply is thought likely to achieve year-on-year growth of 4% in 2016, with global refined supply increasing 2% year on year to 5.965 million oz. ‘The outlook is for the market to move to balance in 2016,’ WPIC states.

read more


Viewing all articles
Browse latest Browse all 29

Trending Articles