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Featured Article
Platinum demand gets 'automotive boost' in 2023, deficit widens - WPIC
by Vladimir Basov
The World Platinum Investment Council (WPIC) reports that automotive demand for platinum this year will reach its highest level since 2017 and now forecasts a platinum deficit of over one million ounces for 2023.
WPIC said that “strong” automotive demand growth is a key factor behind the widening deficit of platinum, in addition to industrial demand growth to record levels, and flat supply.
According to the report, platinum automotive demand is expected to reach 3,283 koz...
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