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Platinum to remain in deficit this year, while palladium, rhodium may record surpluses – Johnson Matthey
Sustainable technologies group Johnson Matthey notes in its latest 'PGM Market Report' that platinum demand will exceed supply again this year on the back of firm industrial use and constrained mine supply, while ruthenium and iridium are also expected to be in deficit amid rising demand from the data storage and energy transition sectors. Palladium and rhodium are, however, likely to record small surpluses in supply this year. The report states that all the platinum group metals (PGMs) recorded supply deficits this year, with the three autocatalyst PGMs – platinum, palladium and rhodium – recording deficits on ... (full story)