6 items across 6 digests
The World Platinum Investment Council expects a platinum market deficit of approximately 300,000 ounces in 2026, despite the first surplus in six quarters during Q1. This forecast signals continued structural tightness in the platinum market despite near-term supply relief.
Silver achieved triple-digit price gains in Q1 2026, marking an unprecedented milestone for the precious metal. This dramatic price surge significantly impacts industrial users of silver in electronics, solar panels, and other technology applications.
Tungsten demand is increasing across industrial categories from smartphones to car batteries, highlighting the top 10 producing countries. This growing demand for tungsten in technology applications makes supply chain diversification critical for manufacturers dependent on this strategic metal.
Edward Sterck from the World Platinum Investment Council reports that platinum recorded its biggest supply deficit ever in 2025. This shortage reflects strong industrial demand, particularly from automotive and technology sectors requiring platinum for catalysts and electronics.
Silver market analyst Peter Krauth indicates the silver cycle is still in early stages with institutional money positioning to buy. This suggests potential supply constraints and industrial demand growth, particularly relevant for solar panels and electronics manufacturing.
China's May manufacturing activity expanded faster than forecast according to private survey data, though growth decelerated from April despite softer official government readings. Mixed signals on Chinese industrial demand affect global commodity, energy, and semiconductor market forecasting.
DailySand