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PGM Quarterly Market Report

Platinum, palladium and rhodium

Our latest PGM market view from an expert team of analysts

SFA (Oxford) is a world-renowned authority on platinum-group metals. Our understanding of the dynamics of the PGM industry is unrivalled and our bespoke quarterly report and is widely considered to be the benchmark in regular research. SFA fosters relationships with the most significant PGM players around the world, from miners to end-users, investors and fund managers.

Russia-Ukraine conflict and PGM price risk

SFA highlights the PGM market risk for platinum, palladium and rhodium as a result of the Russia-Ukraine conflict. 

The impact of COVID-19 also led to a fundamental change in SFA (Oxford)'s view of the platinum-group metals market.

SFA’s Quarterly PGM Market Outlook Report provides price forecasts over the next three years for platinum, palladium and rhodium. The report outlines the drivers of demand, the pressure points, and the risks around supply security. All your questions will be answered in a follow-up call with the analyst team, who between them have over 140 years’ experience in the platinum-group metals.

The report is available to order now. However, if you require information urgently, please do not hesitate to contact us. Details are provided below and on our Contact page.

Our most unique PGM report keeps getting better

To refine our already proven formula of event-driven platinum, palladium and rhodium market analysis and medium-term price forecasts, the SFA team produces, on a quarterly basis, a report that raises the bar for platinum-group metals industry analytics. The PGM Quarterly Report, a risk-focused report that details on-the-horizon, price-impacting factors, is widely considered to be the benchmark in regular research, offering analytical charts and scenarios as an essential guide to today’s PGM markets.

Released four times a year on a subscription basis, The PGM Quarterly Report will keep you up to date with the platinum, palladium and rhodium markets and gives you a competitive edge. The report provides you with SFA’s hands-on, forward-looking commentary and analysis on the events and trends currently impacting PGM supply, demand and pricing, and their market implications.

The content of each market report will vary according to PGM industry events and market developments but is tailored to incorporate an individual client’s specific strategic requirements. Typically, the reports will include...

 

PGM demand impacts and new market threats:
  • Russia-Ukraine war fallout for platinum, palladium and rhodium.
  • Macroeconomic outlook and impact on PGM supply and PGM demand fundamentals and technology.

  • The impact of changing vehicle production forecasts, new emissions legislation, powertrain technology and substitution on end-use demand.

  • Macroeconomic, demographic and price influences on jewellery demand and recycling.

  • Tracking and reporting on the evolution of other industrial demand, relevant processes and technology developments, including capacity expansions, new end-uses and threats.

  • Legislative changes in all major regions affecting emissions and environmental issues.

  • The social, demographic and marketing aspects of the platinum jewellery business.

  • Technology shifts and automotive powertrain developments and their impact on PGM demand.

  • Future evolution and development of industrial technologies, both emerging and in decline.

 

PGM supply and mine economic impacts:
  • Updates on the present and future stability and growth of primary PGM supply from Russia, South Africa, Zimbabwe and North America.

  • The economics of primary PGM supply, including factors influencing cost inflation and exchange rate and volume impacts.

  • Commentary on the political and socio-economic risks impacting primary supply such as the current Russia-Ukraine conflict and other politically sensitive PGM-producing regions like South Africa and Zimbabwe.

  • PGM supply forecasts from brownfield, probable and possible projects.

 

PGM recycling updates:
  • Quantification of secondary supply, including business drivers, processing capacities and incentive pricing.

  • Recycling forecast supported by an extensive database of historical autocatalyst use.

 

PGM metal flows:
  • Investment from exchanges, ETFs, coins and bars.

  • PGM lease rates, trade flows, producer inventory levels, and changes to global stockpiles (short- and long-term liquidity).

 

PGM prices forecasts:
  • Economic derivation of metal prices with a three-year outlook.

  • 'What if' scenario analysis and price risk assessment.

Who should read this report?

  • All industry stakeholders and new business entrants who need to keep abreast of the evolving influences on the platinum, palladium and rhodium markets and prices, including end-users, recyclers, mining companies and juniors. 

  • Investors and financial institutions needing to understand and quantify the risks and opportunities in the industry, future costs of production and short- to medium-term PGM prices for platinum, palladium and rhodium.

Live Q&A with the analysts

  • Each quarterly report is supported by a video call, most often hosted through MS Teams, which is led by Beresford Clarke, along with our team of expert PGM analysts, to run through our latest report, and address any further questions your team may have.

  • Up to 25 people have joined these special meetings at one time to hear our latest thoughts on the PGM markets.

Contact one of our team for more details

Henk de Hoop

Chief Executive Officer

Beresford Clarke

Managing Director: Technical & Research

David Mobbs

Head of Marketing

Yoshi Mizoguchi Owen

Marketing Associate: Japan

Dr Emilio Soberón

Principal Consultant

Other PGM market reports

Explore other reports our clients use regularly.

Related PGM news and insights

Attend our next PGM event

The Oxford Platinum Lectures

Friday, 13 May 2022

New York 05:30 (EDT), London 10:30 (BST), Frankfurt 11:30 (CEST), Johannesburg 11:30 (SAST), Moscow 12:30 (MSK), Tokyo 18:30 (JST)

Watch again

New York PGM event

Tuesday, 13 September 2022

New York 06:00 (EDT), London 11:00 (BST), Frankfurt 12:00 (CEST), Johannesburg 12:00 (SAST), Moscow 13:00 (MSK), Tokyo 19:00 (JST)

Our next event

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How can we help you?

SFA (Oxford) provides bespoke, independent intelligence on the strategic metal markets, specifically tailored to your needs. To find out more about what we can offer you, please contact us.

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