SHANGHAI, Feb 22 (SMM) - According to SMM forecast, the total global demand for platinum in 2023 will be 7,770 koz, with a shortfall of 304 koz. At the same time, the total global demand for palladium in 2023 will be 10,342 koz, with a shortfall of 14 koz.
In detail, largest portion of the demand will emerge in the automotive industry, where the demand for platinum will be 2,975 koz, account for 38.3% of the total demand, and the demand for palladium will be 8,446 koz, accounting for 81.7% of its total. The remaining applications include the jewellery, chemicals and petroleum refining industries.
As a pillar downstream sector when it comes to the demand for platinum and palladium, the automotive sector is expected to see a downturn in the production in the first half of the year, which will pick up in the second half.
![알루미늄 합금 선물 횡보, 수입 손실 지속 축소 [ADC12 가격 일일 리뷰]](https://imgqn.smm.cn/usercenter/ChqBy20251217171724.jpeg)
![[속보 | 칠레의 기상 악화: 카세로네스 구리 생산 전망 하향, 몰리브덴도 직격탄]](https://imgqn.smm.cn/usercenter/znXdm20251217171724.jpeg)
