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Market Impact: 0.38
Platinum Market Seen Swinging to Surplus on Investor Selling
Source: Bloomberg
Commodities & Raw MaterialsConsumer Demand & RetailInvestor Sentiment & Positioning
The World Platinum Investment Council expects the platinum market to shift into surplus this year following three consecutive years of deficits. Heavy investor selling and weaker Chinese jewelry demand are expected to pressure platinum market balances and prices.
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moderately negative
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