Continuing slide in platinum prices predicted as demand declines, surpluses persist.
US-based independent commodities research, consulting and corporate advisory company CPM Group forecasts that the platinum price will continue on a downward trend as a result of decreasing demand, increasing surpluses and no foreseeable future offtaker products to stimulate renewed demand.
This sentiment is stated in CPM Group’s newly released 2016 edition of its yearly ‘Platinum Group Metals LongTerm Outlook’ report – a 300-page study focusing on critical trends in above-ground platinum-group metals (PGMs) inventories, investment demand, mine production, secondary supply and fabrication demand.
CPM Group MD Jeffrey Christian says all these factors are central to understanding the price prospects for PGMs over the next ten years.
“PGM market observers have expressed confusion that platinum and palladium prices have halved over the past few years, while the PGM statistics they use show persistent long-term deficits in these markets,” he explains.
この記事は Mining Weekly の Mining Weekly 28 April 2017 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Mining Weekly の Mining Weekly 28 April 2017 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Supply Cliff?
Commodities supply shortfall looming following years of underinvestment
Strikes Threaten Coal Sector
If an agreement cannot be reached on the future structure and form of wage nego­tiations in the coal sector, unions have threatened to strike, says Solidarity mining industry deputy general secretary Connie Prinsloo.
Continued Focus On Downstream Development
Continued Focus On Downstream Development
Unrelenting Scourge
Mining fatalities in South Africa rise for first time in decade
Plea For Open Discussion
Diamonds body calls for ‘productive dialogue’ on Kimberley Process reform
Deep Potential
Stillwater deal seen positioning Sibanye as globally competitive mining champion.
Explosive Advantage
Explosives reloading system helping Gold One to reduce mining costs.
Critical Juncture
South Africa’s mining sector at a crossroads, collaborative effort required.
Consulting Engineering's Viability Proportional to Mining's Growth
The consulting engineer-ing industry’s sustain-ability and growth are largely dependent on and proportional to the mining industry’s sustainability and growth respectively, says industry body Consulting Engineers South Africa (Cesa).
Greater Emphasis On Ensuring Sustainability
Engineering expertise can be used to generate socio-economic gains for mining companies, particularly in jurisdictions that are dependent on the finite business of mineral extraction, states global engineering and infrastructure advisory firm Aurecon, an adviser to the African mining sector.
