Anglo American Platinum’s decision to scale back its planned production cuts mean that the global platinum industry is better supplied than had appeared likely. We suspect that further mine closures will thus be necessary to cause prices to rally from the current unsustainably low levels. Consequently, prices may recover later than we anticipated, but they should still rise by a fifth by the end of 2014.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services