1 October 2018: The palladium premium is a potential platinum opportunity: We highlight the sustained palladium price premium to platinum and the potential effect on platinum demand. Historical substitution trends among platinum, palladium and rhodium in automotive catalysts mean that a sustained significant price premium of palladium over platinum looks unlikely.
Platinum Perspectives
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15 September 2018: ETFs are an essential component of platinum demand: We highlight that Platinum ETFs, being physically backed, form an essential part of the annual platinum demand as vaulted allocated bars backing them are purchased in the spot market.
1 September 2018: Selective Catalytic Reduction systems do use platinum: We explain that Selective Catalytic Reduction (SCR) systems on diesel cars do not remove the need for platinum. Achieving low on-road NOx emissions should see higher platinum loadings on LNT and SCR emissions control systems.
1 June 2018: The palladium price is important for platinum investors: We outline how high demand and consecutive deficits increase risks to automakers of insufficient palladium and are a potential driver of substitution by platinum in gasoline cars.
1 May 2018: We look at fuel cell electric vehicle (FCEV) adoption, a potential driver of platinum demand: The similarity of fuel cell power growth to past growth in wind and solar power has not been widely recognised.
1 April 2018: Platinum’s attraction to gold investors: We highlight platinum’s precious metal attributes that could appeal to gold investors.
1 March 2018: A new platinum ETF in the US adds a vehicle to invest in platinum: We address why the launch of a new ETF in the U.S. could increase investor interest and investment demand for platinum.
1 February 2018: Platinum loadings in diesel cars could well rise: We discuss automakers’ potential emissions strategies and the desire to avoid any risk of exceeding legal limits in real world driving conditions.
1 January 2018: Diesel cars may still be needed to meet carbon dioxide targets: We explore whether new car CO2 will continue to rise, and whether diesel will continue to be a negative for platinum sentiment.
1 December 2017: Sibanye-Stillwater’s purchase of Lonmin could be significant for the platinum market: We explore whether Sibanye-Stillwater’s proposed acquisition of Lonmin is meaningful to the platinum market.