This Metal Faces 'Largest Deficit in Decade' as China Holds Demand - Ed Sterck

Jeremy Szafron, Anchor at Kitco News, interviews Edward Sterck, Director of Research at the World Platinum Investment Council, on platinum's largest supply deficit in over a decade. Sterck explains that the deficit is driven by decreased mining output, a drop in recycling supply due to fewer end-of-life vehicles, and changing consumer habits. He discusses how China’s steady demand for platinum remains strong despite economic challenges, and how the surge in hybrid vehicle production—using more platinum than traditional combustion engines—has significantly boosted demand. Sterck also sheds light on the role hydrogen fuel cell technology could play in platinum’s long-term demand outlook, offering insight into the future of this critical metal.

00:00 - Introduction
01:00 - Platinum Supply Deficit Overview
03:00 - Recycling Challenges and Impact on Supply
05:00 - Decline in Mining Output
07:00 - China’s Role in Platinum Demand
09:00 - Hybrid Vehicles Increasing Platinum Use
12:00 - Hydrogen Technology and Future Demand
15:00 - South Africa’s Supply Concerns
18:00 - Jewelry and Industrial Demand Trends
20:30 - Future Outlook for Platinum Market

#Platinum #PlatinumDeficit #PreciousMetals #PlatinumSupply #ChinaDemand #HybridVehicles #HydrogenTechnology #MiningOutput #RecyclingChallenges #MetalsInvestment #CommodityMarkets #MarketAnalysis #EconomicOutlook #KitcoNews #JeremySzafron #EdwardSterck #WorldPlatinumCouncil #IndustrialDemand #Investing #GlobalEconomy #PreciousMetalsInvestment
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Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.

[roderickjames]

Thanks for the update, keep up the good work.< Learned a lot from my market journey, especially the importance of living within one's means. With Loraine Souvenir’s guidance, my nest egg has grown to a 7-figure sum. My advice - get an analyst for better financial trade decisions and peace of mind

[martinlord]

Really good guest. Would love to see him on again

[jasonclement]

3500 is a good conservative target on platinum given it's long term price action.

[MuckyMucky-zc]

I have heard these convincing talks on platinum for many many years, yet platinum has gone nowhere. I'll stay out and watch as it's the market that makes the price.

[coretmanus]

Could be that it is a manipulated price system. Every effing day it is slammed down and creeps right back up.

[rehoboth_farm]

"If you're an auto maker you have to have platinum."
The catalytic converter is a lawmaker's solution to a 1970's engineering problem. Kind of stupid.

[padraicmcgross]

Platinum is needed for the hydrogen production.

[quantifiablyqorrect]

EVs are a horrible scam until solid state batteries are used. Generally nobody wants them though, and can't afford them and the hassle they bring

[Lucas-pefg]

did he say supply is exceeding demand? i'm confused. 0:14

[saskiavonk]

Supply exceeding demand is a deficit????

[rehoboth_farm]

Investment demand is focused on gold, silver, palladium, even copper. For some idiotic reason a lot of people are investing in things like cryptos instead of metals. There is a limited amount of demand that is divided elsewhere. Platinum was always a niche investment. I think platinum is a buying opportunity today. Of course I said the same about Rhodium in 2011. What the hell do I know?

[mlangbert]

In the beginning you say that supply exceeds demand.

[hendsem]

YES BUT WHY DOES THE BULLION DEALERS WANT YOUR FIAT CURRENCY MORE THAN THEY WANT THEIR GOLD N SILVER?!

[chachingx]

This tells me to sell. Contra indicator.