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WPIC: Platinum to Hit Third Annual Deficit as Supply Fails to Meet Demand
Platinum is heading for a third consecutive annual deficit in 2025, with the World Platinum Investment Council (WPIC) projecting an 850,000 ounce shortfall as demand continues to outpace weak mine supply. In its latest Platinum Quarterly, the WPIC states that despite a 22 percent year-on-year decline in demand, a lack of metal is expected to create a supply shortfall that's only 13 percent lower than 2024's 968,000 ounce shortfall. Its call comes amid a price breakout for platinum, which pushed past US$1,450 per ounce in July. Why is the platinum market in deficit? The biggest challenge for platinum has been weak ... (full story)
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- Sep 12, 2025 9:30am Posted byFundamental Analysis286
