Group 1 - The core viewpoint from Hualian Futures suggests to buy platinum PT2606 opportunistically, citing a global platinum shortage for two consecutive years, with a projected deficit of 992,000 ounces in 2024 and continued shortages in 2025 [2] - The supply of platinum is shrinking while industrial demand is rising, stabilizing jewelry and investment demand, highlighting the supply-demand imbalance that is expected to persist in the coming years [2] - In contrast, palladium demand is under pressure due to the surge in penetration of new energy vehicles in China, leading to limited support for palladium's fundamentals in the short term [2] Group 2 - Galaxy Futures views platinum as having a short-term bullish outlook, influenced by macroeconomic factors such as the December FOMC meeting signaling easing, including a 25 basis point rate cut and a bond purchase plan [2] - The market is trading on strong expectations of further Fed rate cuts, with platinum and palladium being part of the precious metals group that is experiencing upward price movements due to increased risk appetite [2] - The fundamentals for platinum indicate a tight supply-demand situation in 2025, with visible inventory showing signs of depletion, providing support for platinum prices [2]
供应萎缩以及工业需求上升 铂金短期内偏多看待
Jin Tou Wang·2025-12-12 07:00