Tuesday February 8, 6:32 am Eastern Time
FACTBOX-Platinum group metal supply and demand
LONDON, Feb 8 (Reuters) - Current record or near-record
levels in platinum, palladium and rhodium are mainly due to
an absence of deliveries from major supplier Russia.
Following are tables of supply and demand for the three
metals from precious metals refiners Johnson Matthey Plc's
Platinum 1999 Interim Review published in November 1999.
PLATINUM:
Supply and Demand: '000 oz:
Supply 1998 1999
South Africa 3,680 3,820
Russia 1,300 800
Others 420 440
-------------------------------------------
Total supply 5,400 5,060
Demand 1998 1999
Autocatalyst: gross 1,820 1,750
(recovery) (405) (430)
Jewellery 2,410 2,730
Industrial 1,250 1,340
Investment 315 200
-------------------------------------------
Total demand 5,390 5,590
Movements in stocks 10 (530)
-------------------------------------------
-------------------------------------------
PALLADIUM:
Supply and Demand: '000 oz:
Supply 1998 1999
South Africa 1,820 1,890
Russia 5,800 5,000
Others 780 780
-------------------------------------------
Total supply 8,400 7,670
Demand 1998 1999
Autocatalyst: gross 4,390 4,890
recovery (175) (200)
Dental 1,230 1,160
Electronics 2,070 1,840
Other 580 610
--------------------------------------------
Total demand 8,095 8,300
Movements in stocks 305 (630)
---------------------------------------------
---------------------------------------------
RHODIUM:
Supply and demand: '000 oz
Supply 1998 1999
South Africa 400 394
Russia 110 80
North America 16 18
Others 4 8
-------------------------------------------
Total supply 530 500
Demand 1998 1999
Autocatalyst: gross 483 508
recovery (57) (66)
Chemical 31 34
Electrical 8 8
Glass 34 30
Other 10 11
-------------------------------------------
Total demand 509 525
Movement in stocks 21 (25)
Source: Johnson Matthey Plc Platinum 1999 Interim Review.
Thanks teevee, we will keep an eye on that.
Did you see what happened to the PTX share price when I
posted my little feasibility study?
I should get some commission on that!
A similiar move is coming for SUF when
the sellers are gone. |
