This website use cookies to store and collect information regarding your usage of the website. It helps us to know what you are viewing on our site, and how you navigate around the site, which ultimately helps us make improvements to the site. Choose to accept all cookies or customise. More information.

  

Updated every minute

Subscribe (at no charge) to receive either or both

Menu

Platinum Quarterly

“Demand for platinum is diverse and global. We believe providing regular data and insights means that platinum is considered by more investors.”

Trevor Raymond - CEO World Platinum Investment Council

Platinum Quarterly is commissioned by the World Platinum Investment Council and based upon independent research and analysis conducted by Metals Focus. It provides supply and demand data on the platinum market, as well as commentary and analysis.

We publish it every quarter ensuring greater transparency of the global platinum market and the delivery of regular data to investors. The next Platinum Quarterly will be published on 10 September 2025.

The full report is available here:

Download Tables [XLS]

Overview of key data presented in the latest Platinum Quarterly:

This report incorporates analysis of platinum supply and demand during Q1 2025, with a revised full year forecast for 2025.

  • Forecast platinum market deficit deepens to 966 koz; third successive year of market deficit
  • Forecast total supply in 2025 is the lowest in five years, declining by 4% to 6,999 koz
  • Resurgence in China platinum jewellery demand drives a forecast 5% increase in global jewellery demand this year
  • Automotive demand resilient despite market uncertainty; forecast 2% reduction to 3,052 koz for full year 2025
  • Robust investment demand continues, forecast at 688 koz in 2025, bolstered by strong bar and coin demand in China
  • Above ground stocks to fall to 2,160 koz in 2025, representing only three months of demand cover