Recently, other rare metals represented by platinum have received more attention from the market. The World Platinum Investment Association released a report predicting that the platinum market will experience a significant shortage for the third consecutive year this year, with a shortage expected to be 22 tons, down 5 tons from the previous forecast. The total supply of platinum is expected to fall by 2% year-on-year to 222 tons in 2025, the lowest level in five years; Total demand is expected to be 243 tons, a year-on-year decrease of 13 tons.
Zhengxin Futures recently issued an article saying that platinum is a silver-white rare precious metal, with excellent performance, widely used in jewelry, automobiles, glass, aerospace, chemical and other fields, the supply of platinum is highly concentrated in a few regions such as South Africa and Russia, and the reserves of platinum group metals in South Africa account for nearly 90% of the world. our country's platinum resources are scarce and import dependence is high.
Zhengxin Futures also mentioned that hydrogen energy is an important part of our country's energy system in the future, and platinum currently has an irreplaceable role in the field of hydrogen energy, and the demand for platinum may increase significantly in the future with the progress of hydrogen energy technology, cost reduction, and increased penetration. Driven by the rise of gold, silver, and small metals, platinum prices will break through the low level of nearly a decade in 2025. the price exceeded the 400 RMB/gram mark, with an annual increase of more than 80%.
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