| Regardless of Monday’s announced end of the South African platinum strike, New York-based commodities research firm, CPM Group, forecasts that the platinum market is expected to record the largest deficit ever this year, as the shortfall of total supply of newly-refined platinum relative to fabrication demand is estimated at 818,823 ounces this year.
In the CPM Group Platinum Group Metals Yearbook 2014 made public Tuesday morning, CPM estimated that total refined platinum supply rose 2.6% to 7.2 million ounces last year. Most of the supply increase was from higher mine supplies, which rose 4.8%...............................................Full Article: Source
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