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Platinum supply, demand expected to increase in 2019 – WPIC

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Global platinum demand will marginally outpace supply in 2019 – increasing by 2.4% and 1.6%, respectively – the World Platinum Investment Council (WPIC) announced in its latest Platinum Quarterly report on Wednesday. WPIC research director Trevor Raymond noted that the WPIC’s global platinum 2019 forecast shows a market surplus of 455 000 oz, which would be 10% lower than the surplus of 505 000 oz in 2018.














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