Platinum deficit of 303 koz forecast in 2023 as 2022 surplus reduces – London, 22 November 2022
Platinum deficit forecast for 2023 as demand to grow by 19%, while supply by just 2%; Downward revision of surplus forecast in 2022 by 17%; Automotive demand continues upward trajectory; up 12% in 2022 and 11% in 2023; Despite economic headwinds, industrial demand in 2023 to be up 10% and well above the ten-year average; Bar and coin demand forecast to jump 49% in 2023, driving overall investment demand positive