Platinum market may see first surplus in six years in 2017

The platinum market could return to surplus for the first time in six years in 2017 as lower autocatalyst loadings and weakness in Chinese jewelry buying pull demand lower, refiner Johnson Matthey said in a report on Monday.

Mine supply is expected to be flat next year, but supply of recycled metal from autocatalysts has the potential to rebound, it said.

Platinum market may see first surplus in six years in 2017