market deficit

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.

Global uranium producers are fast-tracking production to address a growing market deficit. This matters to investors because uranium supply shortages could drive price increases and create opportunities in nuclear fuel markets while potentially constraining nuclear power expansion plans.