1. According to the news released by HSBC, the average price of platinum in 202/kloc-0 is expected to rise from 985 USD/oz to 65,438 USD+0,036 USD/oz, and the price of platinum is expected to rise from 65,438 USD+0,093 USD/oz to 65,438 USD+0,654 USD/oz in 2022.
2.202 1 review of platinum price trend: 202 1 London spot price list of platinum and palladium; It's weak now. Among them, the spot price of platinum in London rose from 1.072 USD/oz _ at the beginning of the year to 1.340 USD/oz, the highest since June of 20 14, and then fluctuated all the way down, and was supported at $900 in late September, with a cumulative decline of about 5. Under the double impact of supply and demand, palladium experienced a switch from price skyrocketing to sharp decline. As of the close of 10, the spot price of palladium in London dropped by about 19%, making it the worst among the four precious metals.
3. Platinum has the following market characteristics:
① First, the investment demand still has an important influence on the price. In the first half of 2002/kloc-0, the global investment demand for platinum bars, coins and ETFs totaled 266,000 ounces, down 65% year-on-year; After entering mid-July, investors reduced their holdings of platinum ETF by about 200,000 ounces, causing the platinum price to fall below the $65,438+0,000 ounce mark.
Secondly, the physical consumption of platinum is less dependent on the automobile industry than palladium. At the same time, platinum is promoted to replace part of palladium in automobile catalyst production. Since 202 1, the price trend of platinum has been stronger than that of palladium.
Thirdly, the application of platinum in hydrogen energy economy has made progress. SFA predicts that in 2002 1 year, the demand for platinum and gold in automobile fuel cells will be close to11,000 ounces, and heavy trucks are expected to become the first vehicles in the transportation industry to adopt hydrogen fuel cells, while the demand for electrolytic cells and industrial fuel cells will reach a new high. From the perspective of derivatives market, the short-term swap interest rate of platinum in London has been at the annualized level of-1% for a long time, indicating that there is still a real demand for borrowing platinum in the platinum market under the background of rapid recovery and circular supply of platinum mines.
1. Industry analysis: As more than three-quarters of the world's platinum is produced in South Africa, and the news that the power crisis in South Africa may last for several years makes the market worry that the shortage of platinum supply will intensify, international automobile manufacturers (production demand), jewelers and platinum end users including investors such as banks and listed trading funds buy in large quantities. The New York Mercantile Exchange platinum futures hit a record high for 12 consecutive trading days, and closed at 200 last Friday. By the end of last week, the highest price of platinum raw materials reached 474. 15 yuan per gram, and the price increase of platinum was "natural".
2. Experts remind: Unlike gold, platinum has no financial attributes, and is mainly used in industry and jewelry processing industry, so it shows more commodity attributes, and the change of supply and demand has a great impact on the price. In other words, if the situation in South Africa improves, the price of platinum may be lowered at any time, and consumers who want to buy it may wish to wait. In addition, platinum jewelry lacks recycling channels and the circulation mechanism is not perfect, so it has no investment value at present.