UBS expects #platinum prices to rise to $1,150/oz by end 2022 (revised up from $1,100/oz previously), potentially even higher thereafter.
$XPT
$XPT
UBS expects a recovery in #palladium prices to $2,000/oz, before leveling off at the end of the year and likely beyond.
$XPD
$XPD
UBS: See a rebound in PGM demand due to expected easing of auto supply chain constraints, including shortage. Expect #palladium market to be balanced in 2022. Expect #platinum market to be slightly undersupplied by around 100,000 ounces or 1.3% of annual demand in 2022.
$XPT $XPD
$XPT $XPD
• • •
Missing some Tweet in this thread? You can try to
force a refresh
