Platinum market set to move into deficit this year – Johnson Matthey

The platinum market is expected to move into deficit this year, with a resurgence in investor activity to outweigh modest falls in industrial and jewellery demand, says Johnson Matthey in its latest platinum group metals market report.

The science multinational company expects a tentative recovery in autocatalyst consumption, as stricter heavy-duty emissions legislation is enforced in China and India over the next two years.