: Total bar and coin demand is expected to hit a series high of 725 koz in 2026, a 35% jump from 2025.
: Demand is forecast to contract by 3% in 2026 to 2,943 koz , as a 12% rise in hybrid vehicle production is offset by lower light-duty internal combustion engine (ICE) production. PLATINUM
The report, published by the World Platinum Investment Council (WPIC) , highlights a record-breaking 1,082 koz deficit for the full year 2025. This was the deepest shortfall in the data series since 2014, driven by a 65% surge in investment demand. Market Summary & 2026 Outlook : Total bar and coin demand is expected
: Dwindling inventories are projected to reach 2,613 koz by the end of 2026, providing just over four months of global demand cover. Segment Demand Trends (2025–2026) This was the deepest shortfall in the data
: Reported a 15% decrease in PGM production in Q2 2025 due to flooding at the Amandelbult operations. Their latest Q1 2026 production report was released on April 23, 2026 .
: Issued its Form 56-1 One Report 2025 on April 27, 2026 . Specialized Service Reports