Platinum

Platinum weekly special report based On 1.00 Lot Calculation:

PLATINUM USE AND MARKET SHARE:

• PLATINUM has been a key element in autocatalysts for over forty years, with the automotive sector being its largest consumer, accounting for about 40% of annual demand.
• MARKET SHARE (PRODUCERS): BIGGEST PLATINUM PRODUCERS IN THE WORLD: South Africa is the largest producer holding 72.8% of the global market share while Russia is the second with 8-10% of the market. Zimbabwe is third with 5%.
• MARKET SHARE (CONSUMERS): China is the world's largest platinum consumer with 34%, while Europe holds 22% and North America's 16% share of the platinum consumed worldwide.

HIGHER DEMAND IN 2025:

• AUTO SECTOR DEMAND TO HIT EIGHT-YEAR HIGH: The automotive industry, anticipated to begin its recovery this year, is expected to be a key driver of platinum demand in 2025. Consumption from the sector is projected to reach 3,245,000 ounces, the highest level in eight years. Source: The World Platinum Investment Council (WPIC)

PLATINUM SUPPLY DEFICIT IN 2025:

• THIRD CONSECUTIVE YEAR OF DEFICIT IN 2025: The global platinum market is expected to experience its third consecutive year of deficit in 2025, with a projected shortfall of 539,000 ounces, according to the latest quarterly report from the World Platinum Investment Council (WPIC). UBS forecasts a supply deficit of 500,000 ounces, equivalent to 6.4% of total demand, further confirming the persistent supply shortages. This follows deficits of 700,000 ounces in 2024 and 760,000 ounces in 2023, highlighting ongoing challenges in meeting growing demand.

EVENTS

• FRIDAY, MARCH 28, AT 12:30 GMT: US PERSONAL CONSUMPTION EXPENDITURES (PCE) PRICE INDEX (FEBRUARY): A decline in the PCE index could indicate that the Fed may cut interest rates sooner than previously planned or make more cuts this year, both of which typically support silver prices. January’s reading was 2.5%, slightly down from 2.6% in December.
• MONDAY, MARCH 31 AT 1:30 GMT: MANUFACTURING PMI (MARCH) IN CHINA. Since October last year, industrial production in China has been gradually increasing, reaching 6.2% in December. January figures are traditionally omitted due to the Chinese New Year celebrations. In February, industrial production is expected to grow by 5.4%, which is lower than December’s figure. As China is the world’s largest platinum consumer, positive industrial performance could indicate higher demand for platinum, potentially driving its price up.
• FRIDAY, APRIL 4 at 12:30 GMT: NONFARM PAYROLLS (MARCH) AND UNEMPLOYMENT RATE IN UNITED STATES (MARCH). U.S. unemployment rose to 4.1% in February, up from 4%, following a wave of layoffs under the Trump administration. Labor market data remains a key factor in the Federal Reserve’s interest rate decisions. If job market weakness persists, the Fed may cut rates sooner than expected, which could have a negative impact on the US dollar and give a positive boost to commodity prices including platinum.

PRICE ACTION:

• Platinum is currently trading at approximately $1002.6, with its previous peak of $1,348.20 in February 2021. If the price moves to the levels from 2021, this would be a 34% price change. However, the price could decline.

PLATINUM, March 28, 2025
Current Price: 1,002.6

Example of calculation based on weekly trend direction for 1 Lot¹

1. 1.00 lot is equivalent of 100 units
2. Calculations for exchange rate used as of 10:50 (GMT) 28/03/2025

There is a possibility to use Stop-Loss and Take-Profit

• You may wish to consider closing your position in profit, even if it is lower than the suggested one.
• Trailing stop technique could protect the profit