markets, with the exception of Russia, says the World Council for Investments in Platin.
& quot; It is expected that the total supply of supplies will decrease by 3%, to 7.027 million ounces, over the entire 2025. This will be the lowest level in five years, while the extraction volumes will be reduced by 6% - to 5.426 million ounces, which is also the lowest level in five years & quot;, - analysts write.
it is noted that the production of platinum will fall from all largest manufacturers, with the exception of Russia. The country, according to forecasts, will increase production by 1%, to 686 thousand ounces. At the same time, in South Africa, the issue will be reduced by 6% - to 3.9 million ounces, and in Zimbabwe - by 4%, to 491 thousand ounces. In North America, the most powerful slowdown in production is expected - by a quarter, up to 189 thousand ounces.
At the same time, the demand for the entire current year will be 7.877 million ounces, which is 371 thousand ounces than in the previous year. At the same time, the demand for platinum will be very different depending on the sector. So, in auto -industries, it will decrease by 3%, amounting to 3 million ounces, and in the rest of the industry - by 22%, up to 1.9 million ounces. At the same time, the demand of jewelers for this metal will grow by 11%, reaching 2.2 million ounces, and investors - by 2%, up to 718 thousand ounces.
& quot; platinum market in 2025 will record a third consecutive significant annual shortage, which, according to forecasts, will amount to 850 thousand rations, which is 116 thousand unions lower previous forecast & quot;, - experts note.
