PLATINUM Weekly Special Report based on 1 Lot Calculation:
PLATINUM USE AND MARKET SHARE:
- PLATINUM has been a key element in auto catalysts for over forty years, especially for diesel engines, and is increasingly vital in hydrogen fuel cells. The automotive sector is its largest consumer, accounting for about 40% of annual demand.
- MARKET SHARE (PRODUCERS): BIGGEST PLATINUM PRODUCERS IN THE WORLD: South Africa is the largest producer, holding 72.8% of the global market share, while Russia is the second with 8-10% of the market. Zimbabwe is third with 5%.
- MARKET SHARE (CONSUMERS): China is the world's largest platinum consumer, with 34%, while Europe holds 22%, and North America holds 16% of the platinum consumed worldwide.
PLATINUM MARKET: TIGHT SUPPLY AND STRUCTURAL DEMAND UNDERPIN 2026 OUTLOOK
- MARKET DEFICIT: PHYSICAL INVENTORY LEVELS BECAME EXTREMELY LOW GLOBALLY. By late December 2025, platinum inventories were reported to cover only about five months of global consumption, a historically tight level that puts upward pressure on pricing when buyers compete for metal. This depletion of inventory is explicitly cited as a key driver supporting rising platinum prices because it means there is very little buffer metal available for buyers. (Source: CME group)
- SUPPLY CONSTRAINTS: MINE OUTPUT REMAINS LIMITED BY SOUTH AFRICAN PRODUCTION RISK. World Platinum Investment Council (WPIC) data show that global platinum mine output remains concentrated in South Africa, where aging assets, power shortages, and labor uncertainty continue to suppress meaningful supply growth in 2026.
- INDUSTRIAL DEMAND: AUTOCATALYST SUBSTITUTION AND INDUSTRIAL USE SUPPORT VOLUMES. Platinum demand remains resilient, supported by ongoing substitution from palladium in automotive catalysts and sustained industrial consumption across chemicals, refining, and heavy industry, underpinning structural demand into 2026.
EVENTS:
- SATURDAY, JANUARY 31 AT 01:30 GMT: MANUFACTURING PMI (JANUARY) IN CHINA: Manufacturing PMI provides an early indication each month of economic activities in the Chinese manufacturing sector. In December, this indicator increased from 49.2 to 50.1. China is the world's largest consumer of platinum.
- FRIDAY, FEBRUARY 6 AT 13:30 GMT: NONFARM PAYROLLS (NFP) AND UNEMPLOYMENT RATE(NOVEMBER) IN THE U.S. The US labor market data remains one of the most important indicators used by the U.S. Fed, which could potentially predict when new interest rate cuts may be implemented. In December the unemployment rate fell from 4.5% to 4.4%.
- WEDNESDAY, FEBRUARY 11 AT 01:30 GMT: CHINA INFLATION DATA (CPI) (JANUARY). A stronger CPI reading would point out to improving domestic demand in China, supporting vehicle sales and industrial activity, which would be positive for platinum prices.
- WEDNESDAY, FEBRUARY 11 AT 13:30 GMT: US INFLATION DATA (CPI) (JANUARY). A softer-than-expected CPI could increase rate cut expectations and support industrial metals demand, potentially boosting platinum prices.
TECHNICAL ANALYSIS:
- DAILY MOVING AVERAGES CONFIRM STRONG UPTREND: Price continues to trade well above both the 50-day moving average (blue) and the 100-day moving average (green), confirming uptrend.
- UPTREND STRUCTURE REMAINS INTACT: Price action is firmly supported by the upward-sloping trendline (red), which has acted as a reliable dynamic support since late November 2025.
- PRICE ACTION: Platinum price hit an all-time high of $2,920 (January 26, 2025). Since the beginning of the month (January) the price has already increased by around 12%. The price is currently moving around $2323, which indicates an upside potential of 25.70% to reach previous all-time high. Although, the price could fall, too.
GRAPH (Daily): August 2025 - January 2026
Please note that past performance does not guarantee future results
Platinum, January 30, 2026
Current Price: 2,323
|
PLATINUM |
Weekly |
|
Trend direction |
|
|
3,500 |
|
|
3,000 |
|
|
2,700 |
|
|
2,000 |
|
|
1,950 |
|
|
1,900 |
Example of calculation based on weekly trend direction for 1.00 Lot1
|
PLATINUM |
||||||
|
Pivot Points |
||||||
|
Profit or loss in $ |
117,700 |
67,700 |
37,700 |
-32,300 |
-37,300 |
-42,300 |
|
Profit or loss in €² |
98,531 |
56,674 |
31,560 |
-27,039 |
-31,225 |
-35,411 |
|
Profit or loss in £² |
85,445 |
49,147 |
27,368 |
-23,448 |
-27,078 |
-30,708 |
|
Profit or loss in C$² |
158,975 |
91,441 |
50,921 |
-43,627 |
-50,380 |
-57,134 |
- 1.00 lot is equivalent of 100 units
- Calculations for exchange rate used as of 11:30 (GMT) 30/01/2026
There is a possibility to use Stop-Loss and Take-Profit.
- You may wish to consider closing your position in profit, even if it is lower than suggested one.
- Trailing stop technique could protect the profit.