Unique platinum coins to be used at Wimbledon to mark Jubilee celebrations and Centre Court tennis centenary –
London, 26 April 2022
Platinum coins will be used in the Ladies’ and Gentlemen’s singles finals coin toss for the first time – commemorating both Her Majesty the Queen’s Platinum Jubilee and the centenary of Centre Court.
Platinum surplus of 1,232 koz in 2021 forecast to reduce by 47% in 2022 as COVID-related and operational disruptions gradually settle –
London, 9 March 2022
Increase in supply in 2021 forecast to plateau in 2022, as last of additional semi- finished material is processed;
Significant rises in automotive (+11%), industrial (+27%), and jewellery (+5%) demand in 2021 set to remain strong in 2022;
Fall in investment demand from historic highs of 2020 brought overall demand down in 2021;
Imports into China, significantly above identified demand, absorb full 2021 surplus, maintaining tightened conditions in the platinum bullion market
Platinum surplus in 2021 and 2022 as stock unwind boosts supply and muted investment offsets otherwise strong demand –
London, 24 November 2021
High supply levels forecast in 2021 and 2022 as processing of semi-finished stock from 2020 boosts otherwise flat mine output;
Despite semiconductor chip shortage, platinum automotive demand forecast up 14% in 2021 and 20% in 2022 on substitution for palladium and tighter emissions legislation;
Bar and coin demand up 25% in Q3’21 and forecast up 10% in 2022 on global risk while ETF holdings and exchange stocks reduce
Modest surplus for 2021 as processed backlog boosts platinum supply recovery and exceeds strong automotive and industrial demand growth –
London, 9 September 2021
Post-COVID recovery sees global demand up 23% on Q2’20, with stand out rises in automotive and industrial sectors;
Boost from faster processing of 2020 plant outage backlog sees supply increase 55%, with Q2’21 and annual forecast both in surplus;
Following two record years, investment demand settles back to levels still above the pre-pandemic average as COVID-driven exchange stock inflows are not repeated
Global economic recovery sees demand for platinum grow in Q1 with third consecutive annual deficit expected in 2021 –
London, 17 May 2021
Fourth consecutive quarterly deficit posted in Q1’21 (-19 koz), with third consecutive annual deficit of -158 koz forecast for 2021;
Platinum supply recovers, although not yet to pre-pandemic levels;
Demand growth driven in particular by industrial, automotive and jewellery sectors, as global recovery gains momentum;
Platinum’s use in green technologies sees investment demand remain strong
Platinum demand outstripped supply by record 932 koz in 2020, with third consecutive annual deficit expected in 2021 –
London, 10 March 2021
Supply down 17% in 2020, while demand down only 7% and deficit of -932 koz – the largest on record;
Third consecutive annual deficit forecast for platinum in 2021;
Automotive platinum demand in 2021 forecast to increase 25% accelerated by
Chinese heavy-duty vehicles;
Investment demand to remain strong as platinum’s links with the hydrogen economy
continue to attract investor interest, while platinum remains heavily undervalued compared to gold and palladium
Platinum holdings on BullionVault almost double in last 12 months –
London, 17 February 2021
Client holdings for platinum rise 90% in last 12 months to 55 koz (1.7 t), and 120% by US Dollar value to $61m;
Number of investors in platinum rises by over 70%;
Platinum investors now spread across 95 countries worldwide
Platinum demand outstrips supply with 1.2 moz deficit now expected in 2020 –
London, 18 November 2020
2020 forecast shows supply down 18%, demand down only 5% and deficit of -1,202 koz;
First 2021 forecast shows supply up 17%, demand up 2% and deficit of -224 koz;
Strong Q3 2020 recovery as lockdowns eased ─ supply up 48%, demand up 75%;
Record investment demand forecast in 2020 on high global risk and platinum’s key role in the hydrogen economy;
Chinese jewellery demand for 2021 forecast to rise for the first time in seven years
Platinum demand forecast rises as investors flock to precious metals –
London, 8 September 2020
Q2 2020 demand down 19% year-on-year but supply down by 35%;
Weaker supply and strong investment demand move 2020 forecast to -336 koz deficit;
Since the price lows of 19th March 2020, platinum has significantly outperformed gold;
Hydrogen economy elevates platinum as a precious metal with long-term store of value
Impact of COVID-19 on platinum market less than expected –
London, 18 May 2020
2020 demand down 18% but supply down 13%;
Forecast 2020 surplus of 247 koz only 128 koz higher than previously forecast;
Investors act on price fall as demand for bars and coins surges to 19% of total demand in Q1 2020 from 2% in previous quarter;
Smelting process failure and more stringent auto emissions legislation major factors that limit surplus
Balanced global platinum market in 2020 with coronavirus jewellery risk but automotive opportunity –
London, 4 March 2020
New 2020 forecast shows platinum supply to narrowly exceed demand by 1.5% or 119 koz, indicating a balanced market;
Outlook driven by strong industrial and growing automotive demand with upside from reducing CO2 emissions and responding to palladium shortages;
In 2019, platinum surplus reduced to 65 koz from 790 koz in 2018, with total supply up 1% and total demand up 11%.
2019 global platinum market balanced with surplus forecast in 2020 –
London, 21 November 2019
Balanced market in 2019 on 2% supply growth but record 1 moz growth in ETF holdings;
2020 surplus of 670 koz despite a 1% supply fall and strong, yet lower, investment demand;
2020 automotive forecast excludes any platinum-for-palladium substitution
2019 global platinum market surplus shrinks with strong investment demand –
London, 6 September 2019
Further platinum ETF growth in second quarter after record growth in Q1;
SA mine supply up 1% year-on-year from one-off pipeline stock release;
Annual surplus shrinks towards a balanced market on investment demand gains
Global platinum market sees lower surplus in 2019 after record Q1 investment demand –
London, 13 May 2019
Highest quarterly platinum ETF growth since their launch in 2007;
SA mine supply seasonally strong but from pipeline stock release;
Highest quarterly deficit since WPIC commenced publication
Global platinum demand forecast to increase by 5% in 2019 –
London, 6 March 2019
2019 demand up on resurgent investor demand for ETFs;
2019 surplus of 680koz up on 2018 as supply rises by 5%;
Platinum’s demand growth prospects up due to higher palladium price
The World Platinum Investment Council (WPIC) today announced its latest strategic partnership in China with Bank of China Shanghai RMB Trading Center (BOC) -
Beijing, 6th December 2018
Global platinum demand forecast to increase by over 2% in 2019 –
London, 28 November 2018
2019 demand up on continued growth in industrial and rebound in investment;
2019 automotive forecast excludes meaningful platinum for palladium substitution;
Platinum surplus forecast in 2019 — 10% lower than 2018 surplus
World Platinum Investment Council partners with China’s CNOOC Taiyuan to offer platinum investment products to retail investors via ICBC E-commerce platform –
London, 11 October 2018
The World Platinum Investment Council (WPIC) today announces its
latest strategic partnership in China with CNOOC Taiyuan Precious Metal Co., Ltd (CNOOC Taiyun).
Global platinum supply to contract by 2% in 2018 –
London, 6 September 2018
QFull year supply forecast revised downwards following reduced jewellery recycling;
Overall global demand to fall by 2% compared to 2017;
Industrial demand to strengthen by 5% to highest level in in 6 years
World Platinum Investment Council (WPIC) and Shenzhen Hengfu Yingjia launch first platinum bar products in China –
Shenzhen, 11 July 2018
Partnership paves the way for increased access to retail platinum investment products in China;
Move supports WPIC’s mission to stimulate investor demand for physical platinum worldwide
Global platinum market sees rising demand, lower supply and a reduced surplus in 2018 –
London, 14 May 2018
Q1’18 SA mine supply falls to lowest level for two years;
Rebound in jewellery and industrial demand to continue in 2018;
Investment demand buoyed by strong bar and coin buying in Q1’18
Platinum market forecast to remain in balance in 2018 –
London, 8 March 2018
Global platinum supply predicted to fall by 2% in 2018;
Industrial and jewellery demand expected to rebound;
Investment demand buoyed by robust ETF buying in 2017
Rebound in jewellery and industrial demand
to drive 2018 platinum deficit –
London, 21 November 2017
Jewellery posts growth of 3%, the first in 4 years;
Industrial demand recovers to 2016 levels with an increase of 9%;
Supply to stall with South African output set to fall by 2%
Platinum market forecast to remain in balance during 2017 –
London, 6 September 2017
Evidence of continued supply constraints in Q2 2017;
Automotive demand for FY 2017 estimated at 2014 level;
Sixth consecutive quarter of positive investment demand
World Platinum Investment Council and BullionVault launch the lowest-cost physical platinum marketplace –
London, 14 March 2017
The first platinum offering on BullionVault’s platform; Provides investors with access to the lowest-cost physical platinum bullion
product in the world
Muthoot Exim Launches India’s First Platinum Deity Products in Association with the World Platinum Investment Council (WPIC) –
Mumbai, 2 March 2017
Range includes platinum statuettes of Lord Ganesh in 3gm, 6gm and 9gm sizes; Products to be available at Muthoot Fincorp Branches; Easily affordable via savings and accumulation plans
The Royal Mint and World Platinum Investment Council (WPIC) to partner on new range of platinum investment products –
London, 15 December 2016
Move marks first bullion platinum offering from The Royal Mint; Partnership supports WPIC’s mission to stimulate investor demand for
physical platinum worldwide
Recycling supply growth weaker than expected as scrappage rates lowered; Small Q2 surplus as supply rebounds following Q1 outage, while demand from key sectors remains robust
World Platinum Investment Council to support promotion of Japan Physical Platinum ETF –
Tokyo, 07 July 2016
Follows record AUM growth of “Fruit of Platinum” ETF(Physical Platinum Exchange Traded Fund) in 2015; One of WPIC’s initiatives to stimulate investor demand for physical platinum worldwide
World Platinum Investment Council (WPIC) partners with Swiss refiner Valcambi sa to expand availability of platinum bar and coin products worldwide –
London, 11 May 2016
Agreement paves the way for increased access to retail platinum investment products; Partnership supports WPIC’s mission to stimulate investor demand for physical platinum worldwide
World Platinum Investment Council (WPIC) to expand global platinum investment choices with launch of new bullion coin custodial certificates –
London, 10th December 2015
Exclusive agreement between WPIC and Rand Merchant Bank (RMB) will extend global reach of platinum bullion coin custodial certificates
Global Platinum market remains in deficit during Q2 2015 –
London, 8th September 2015
The World Platinum Investment Council (WPIC) today announces the
publication of its fourth Platinum Quarterly - the first independent,
freely-available, quarterly analysis of the global platinum market.
The report incorporates analysis of platinum supply and demand
during the second quarter of 2015.
Global Platinum market remains in deficit during Q1 2015 –
London, 18th May 2015
The World Platinum Investment Council (WPIC) today announces the publication of its third Platinum Quarterly - the first independent, freely-available, quarterly analysis of the global platinum market. The report incorporates analysis of platinum supply and demand during the first quarter of 2015.
World Platinum Investment Council appoints Marcus Grubb as Director of Market Development –
London, 5th May 2015
The World Platinum Investment Council (WPIC) today announces the
appointment of Marcus Grubb as Director of Market Development.
He officially joins WPIC on the 1st of July and will be based at
WPIC’s new global headquarters in St James’s, London.
We announce the appointment of David Badham as Chief Administrative Officer –
London, 26th March 2015
The World Platinum Investment Council (WPIC) today announces the appointment of David Badham as Chief Administrative Officer. He joins with immediate effect and is based at WPIC’s global headquarters in London.
The World Platinum Investment Council (WPIC) today announces the publication of its second Platinum Quarterly -
London, 11th March 2015
The first independent, freely-available, quarterly analysis of the global platinum market. The report incorporates analysis of annual platinum supply and demand for 2014, including a detailed review of the platinum market in Q4 2014, and a 2015 market forecast.
World Platinum Investment Council announces the appointment of
Trevor Raymond as Director of Research - February 17 2015
The World Platinum Investment Council (WPIC) today announces the appointment of Trevor Raymond as Director of Research, with effect from 1 March 2015. He joins from Anglo American Platinum where he was the Head of Market Intelligence and Market Relations – Precious Metals for 6 years.
World Platinum Investment Council launches Platinum Quarterly
Independent analysis of global supply, demand and above ground stocks of platinum - December 3 2014
The World Platinum Investment Council (WPIC) today announces the launch of Platinum Quarterly - the first independent, freely-available, quarterly analysis of the global platinum market. This inaugural Platinum Quarterly incorporates analysis of annual platinum supply and demand for 2013 and 2014. Importantly, the first analysis of quarterly supply and demand (Q3 2014) and an estimate of global above ground stocks of platinum are also presented.
Platinum producers launch trade body to attract asset investors - November 18 2014
The world’s top platinum producers have joined forces to launch an industry promotional body on Tuesday in an effort to increase demand for the precious metal as an investment asset.
Platinum industry launches the World Platinum Investment Council to stimulate platinum investment - November 18 2014
Today, the world’s leading platinum producers announce the launch of a new industry entity,the World Platinum Investment Council (WPIC), which will work to develop the global market for platinum investment.