PGM market adjusts to shifting supply and demand, Nedbank CIB reports
Shifting investment priorities and geopolitical uncertainty continue to shape the outlook for commodities, with platinum group metals (PGMs) facing unique pressures, Nedbank CIB markets research head Arnold van Graan reported on Thursday, March 20, when he described the mood in the PGMs sector as "remaining subdued". On the one hand, supply is tightening and changing demand dynamics could push prices higher, and on the other hand, investor sentiment remains lacklustre, shaped more by short-term volatility than by the market's long-term trajectory, Van Graan outlined, while noting that this disconnect was evident in discussions at Mining Week in Cape Town, where industry leaders debated the risks and opportunities facing PGMs.
Shifting investment priorities and geopolitical uncertainty continue to shape the outlook for commodities, with platinum group metals (PGMs) facing unique pressures, Nedbank CIB markets research head Arnold van Graan reported on Thursday, March 20, when he described the mood in the PGMs sector as "remaining subdued". On the one hand, supply is tightening and changing demand dynamics could push prices higher, and on the other hand, investor sentiment remains lacklustre, shaped more by short-term volatility than by the market's long-term trajectory, Van Graan outlined, while noting that this disconnect was evident in discussions at Mining Week in Cape Town, where industry leaders debated the risks and opportunities facing PGMs.
