铂金供应短缺！价格攀高后回落，机构预测走势看法不一

Group 1 - The platinum market is facing an increasing supply shortage, driving prices up, with spot platinum prices rising over 47% year-to-date, peaking at $1481.97 per ounce before retreating to around $1330 per ounce [1] - Jay Tatum, a fund manager at Valent, noted that the current leasing rates for platinum remain above 10%, indicating ongoing tightness in the market, despite a decrease from over 35% in July [3] - The World Platinum Investment Council (WPIC) reported that the platinum market is heading towards its third consecutive year of supply shortages, with South Africa, which accounts for 70% of global platinum production, facing power shortages and rising costs [3] Group 2 - Deutsche Bank analysts predict that the strong fundamentals for platinum will continue until 2026, supported by years of supply shortages, with prices potentially reaching $1550 per ounce by then [4] - In contrast, Goldman Sachs analysts expressed caution, attributing recent price increases to speculation and ETF demand rather than fundamental improvements, and warned that the shift towards electric vehicles could structurally suppress platinum demand [4][5]