*PLATINUM QUARTERLY Q1 2025 Latest Insights* 1. 🚨 The platinum market enters its third year of substantial deficits, with a projected deficit of 966 koz for 2025! #platinum #markettrends 2. 📉 Mining supply down 13% YoY in Q1 2025, marking the lowest output since COVID lockdowns. Supply risks persist! #platinum #supplychain 3. 💰 Total platinum demand expected to decline by 4% in 2025, influenced by cyclical troughs in glass demand. #platinum #demandtrends 4. 🔄 Recycling projected to rise by 3% in 2025, but total platinum supply still faces a -4% YoY reduction. #recycling #platinum 5. 📊 US tariffs on platinum imports largely exempt! Critical mineral status helps stabilize the market despite trade tensions. #tariffs #platinum 6. 📈 Investment demand for platinum is up, driven by market uncertainty and competitive pricing compared to gold! #investment #platinum 7. 🌏 Chinese platinum jewellery demand expected to increase by 15% YoY in 2025 as consumers switch from gold! #china #jewellery 8. 🔍 The structural deficit in the platinum market continues, with stocks expected to decline to just three months of demand. #platinum #marketoutlook