platinum group outlook

Platinum price prediction for May 2024. In the beginning price at 1060 dollars. High price 1182, low 977. The averaged for the month 1086. At the end of May 1126, change 6.2%. Platinum price forecast for June 2024. In the beginning price at 1126 dollars. High price 1235, low 1117. The averaged for the month 1164. At the end of June 1176, change ...

Dublin, Feb. 02, 2021 (GLOBE NEWSWIRE) -- The "Global Platinum Group Metals (PGM) Market (Platinum, Palladium & Rhodium): Insights & Forecast with Potential Impact of COVID-19 (2020-2024)" report ...

Published Mar 26, 2024. Global Platinum-Group Metals Market Report 2024 presents critical information and factual data about the Platinum-Group Metals Market, providing an overall statistical ...

Therefore, the outlook for platinum is still bullish, with the next point to watch will be at $1,013, the highest swing on December 28th. A break above the key …

Vancouver, British Columbia and Johannesburg, South Africa-(Newsfile Corp. - April 12, 2023) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) (" Platinum Group ", " PTM " or the " Company ") reports the Company's financial results for the six month period ended February 28, 2023 and provides an update and outlook. The …

Outlook. Since the abrupt drop of platinum prices at the beginning of 2023, the platinum group metals ("PMG") showed an uptrend in Q1'23 against the backdrop of a weaker dollar and stronger ...

37. 83. Recycling: About 120,000 kilograms of palladium and platinum were recovered globally from new and old scrap in 2023, including about 42,000 kilograms of palladium and 9,000 kilograms of platinum recovered from automobile catalytic converters in the United States. Import Sources (2019–22): Palladium: Russia, 32%; South Africa, 31% ...

The outlook for platinum group metals (PGMs) is one of constrained supply and very strong demand growth. "You've got the entire PGMs suite that is short and that certainly will translate into ...

Surveys and reports are available for gold, silver, platinum & palladium, base metals, and historically for copper. Reports are available immediately on release in the original PDF format and can be viewed, downloaded or saved at the touch of a button. Chart and analyze the data in more detail or include it in your own models by simply clicking ...

Emergen Research has segmented global platinum group metals market on the basis of source, metal type, application, and region: Source Outlook (Revenue, USD Billion; 2019-2032) Mined

Find the latest Platinum Group Metals Ltd. (PLG) stock quote, history, news and other vital information to help you with your stock trading and investing. ... Performance Outlook. Short Term. 2W ...

US Toll-Free: +1 (800)-782-1768. New Jersey, United States,- The Platinum Group Metals (PGMs) Recycling Market involves the recovery and processing of precious metals such as platinum, palladium ...

A legacy built on PGM market independence and rigour. SFA (Oxford) is a world-renowned authority on platinum group metals and provides a range of in-depth market intelligence derived from ground-up modelling of supply and demand fundamentals and our hands-on, forward-looking commentary and analysis on the events and trends impacting the PGM ...

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The global platinum market is expected to post a deficit of 1.071 million ounces for 2023, with total year-on-year demand growth of 26% to 8.150 million ounces, while supply is seen down by 3% ...

Sylvania's Q223 results did not match the strong Q1, reflecting a blend of price, cost and fx moves. However, production guidance for the year was increased to 70–72koz, from 68–70koz. We have lowered our near-term platinum group metals (PGM) price outlook, with a weaker trend in rhodium and palladium over the next two to three …

2 to 5 Year View. Platinum is the world's most precious metal. January 2024 Platinum Essentials: Updating WPIC's two- to five-year supply demand outlook: Multi-year deficits expected. With our Platinum Quarterly outlook now running through 2024, this Platinum Essentials contains revised platinum supply/demand estimates for 2025 to 2027 and ...

Elevated platinum group metals (PGMs) prices this year will also support production as indicated in our forecast of 5.0% y-o-y growth in 2021. ... The outlook for platinum production in South Africa in 2021 and the coming years has also improved on the back of global rising interest and investment in the green hydrogen sector, South Africa ...

The outlook for fabrication demand by end-use. Supply analysis and outlook for major PGM producing countries, companies, and mines. Also included, global PGM cash cost curve projections to 2050. ... The cost of the Platinum Group Metal Projection To 2050 report is US $9,500. Discounts are available on packages that include additional CPM …

Platinum catalysts in the electrolysis and fuel cell markets are expected to account for up to 15% of total platinum demand by 2030, reaching as much as 35% of total annual platinum demand by 2040. Yet platinum has transitioned into a supply deficit in 2023, with WPIC's outlook suggesting consecutive deficits sustained to at least 2027.

Please note that South Africa Platinum-Group Metals Market Outlook 2024 is a half ready publication and contents are subject to changes and additions. We have all data necessary for report preparation but they need to be retrieved from our databases, organized in a report, updated with the latest information and thus the complete study will be ...

2023 Platinum Group Metals Market Outlook. The platinum group metals markets have continued to confound any number of market participants and observers. Platinum and Palladium prices have moved lower over the past year, even as many predicted their continued rise. Rhodium prices have come back down, as CPM had suggested, but …

Dublin, Feb. 02, 2021 (GLOBE NEWSWIRE) -- The . Outlook on the Platinum Group Metals (PGM) Global Market to 2024 - Featuring Anglo American Platinum, Impala Platinum Holdings & The Norilsk Nickel ...

The Platinum Group Metals Market size is estimated at 625.03 tons in 2024, and is expected to reach 778.16 tons by 2029, growing at a CAGR of 4.48% during the forecast …

SFA's expert view on the palladium price spike. The palladium price surged last week due to a convergence of positive factors. The Fed acknowledged the peak in US inflation during its press conference, leading to a more dovish outlook for interest rates and a weaker US dollar, supporting commodity prices.

Platinum Group Metals press release (PLG): 1H the company incurred a net loss of $2.37 million (February 28, 2023 - net loss of $2.81 million).

Platinum group metals (PGMs) are essential in developing the modern high-tech industry. Spent petroleum and spent automobile catalysts are vital sources of PGMs, which have relatively higher concentrations of PGMs (0.1–1%) than those found in primary sources. Therefore, recycling these secondary PGMs sources is an integral …

Platinum prices rallied close to $1,000 per troy ounce, reaching their highest level since December 2023, driven by hopes for a global rebound in the manufacturing sector.

By 1303 GMT palladium was down 2.8% at $869.6 per troy ounce, its lowest in five years, while platinum stood at $874.5.

The bank's platinum price forecast for 2025 indicates the price could then average $1,175 per ounce. Analysts at Australian bank ANZ expect that "easing semi-conductor supply tightness could revive auto-sector demand for PGMs. That said, doubts around the economic outlook could cap the upside.".