London (ots/PRNewswire) - The platinum market should move closer to balance in 2022, according to Johnson Matthey's latest PGM Market Report. This provides an overview of demand for platinum group metals in 2021 and an outlook for 2022, in advance of the annual London Platinum & Palladium Market week. Platinum demand growth will be driven by rising consumption in catalysts for heavy duty trucks, and increased use of ...
London (ots/PRNewswire) - Pgm demand recovered strongly from Covid disruption, with rising auto production, stricter emissions legislation, and resilient industrial demand. Mining and processing outages hit supplies during 2020 and early 2021, driving pgm prices higher. Palladium and rhodium prices surged to new all-time records in early 2021, with both markets in ...
London (ots/PRNewswire) - The pgm markets were in deficit in 2019, due to a surge in platinum investment and record autocatalyst demand for palladium and rhodium. In 2020, pgm supply and demand will be severely impacted by the COVID-19 pandemic, as national lockdowns hit auto production and South African mine supply. - Palladium and rhodium prices set new records in ...
- Platinum market to move into deficit in 2019 following a surge in investment buying - Automotive demand set to rise due to increased use of platinum catalysts on trucks London (ots/PRNewswire) - After recording surpluses in 2017-18 the platinum market will move back into deficit this year, according to forecasts ...