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Global platinum supply and demand are expected to be almost balanced in 2018, after the market ended up in surplus last year, according to the the World Platinum Investment Council (WPIC).
Total platinum supply and demand are both forecast to be around 7.8Moz in 2018
Total supply for the year is forecast to be 7.8 million ounces, down 2% from 2017, with an expected 3% rise in recycling, to 2Moz, due to be offset by total mining supply dropping 4% to 5.
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