World Platinum Investment Association: Platinum market shortages worsen, with a shortfall expected to expand to 30 tons by 2025.

According to the Wall Street News app, the World Platinum Investment Association stated that the total platinum supply in 2025 is expected to decrease by 4% year-on-year to 218 tons, the lowest level in five years, and the contraction of supply remains a core trend. Due to the inability of the growth in demand in the jewelry and investment sectors to fully offset the decline in demand in the automobile and industrial sectors, total annual demand is expected to decrease by 4% to 248 tons. However, the latest demand forecast has been revised up by 4 tons compared to previous estimates, leading to an expanded shortage expectation of 30 tons in 2025, marking the third consecutive year of shortages.