CPM Group's 2021 Platinum Group Metals market update
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2021 Platinum Group Metals Market Update and Yearbook Release The 2021 Yearbook is available here - https://www.cpmgroup.com/store/
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The platinum group metals markets have continued to confound any number of market participants and observers. Palladium prices have moved higher over the a past year even as predictions that prices would fall have continued. Rhodium prices went parabolic, as CPM had suggested, and remain extremely volatile. Platinum prices have languished.
And all the while, groups marketing and promoting PGMs to investors have continued to distribute inaccurate and misleading information about what is happening in these metals’ markets.
This is not new. Long before the CPM Group research operation published the first PGM market report in May 1981 these markets have lived in a world full of misunderstanding. When CPM published its estimates of above ground inventories of platinum and palladium, no one else had such estimates and many questioned our data. Now all sorts of groups have all sorts of guesses as to how much metal exists in investor stocks. Their figures often reveal their positions in the markets. CPM Group’s data and analysis meanwhile continue to support accurate metals markets and price assessments.
CPM Group's Platinum Group Metals Yearbook 2021 addresses what really is happening in the platinum, palladium, rhodium, and minor PGM markets with the most comprehensive, unbiased, authoritative, and credible statistics and analysis. The report provides a thorough review of PGM market trends and fundamentals, with in-depth analyses and statistics on mine production, secondary recovery from scrap, fabrication demand, inventories, futures and options market information, investment demand, and prices.
This years briefing will include Jeffrey M. Christian and Rohit Savant of CPM from New York. The Chinese language version will be released later this year.