PLATINUM

PLATINUM Weekly Special Report based on 1 Lot Calculation:

PLATINUM USE AND MARKET SHARE:

• 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.

PALLADIUM: GEOPOLITICS

• EVENT (FEBRUARY 17-18): RUSSIA-UKRAINE TALKS WILL CONTINUE IN GENEVA (SWITZERLAND) AND WILL BE MEDIATED BY THE USA. The previous talks of the trilateral working groups in Abu Dhabi, capital of the UAE, on January 23-24 and February 4-5, did not bring any breakthrough solutions. The main sticking point is the long-term fate of territory in eastern Ukraine, large parts of which Russia has occupied.

EVENTS:

• WEDNESDAY, FEBRUARY 18 AT 14:45 GMT: U.S. FLASH MANUFACTURING PMI (FEBRUARY). A stronger-than-expected reading would signal improving industrial activity, supporting demand expectations for platinum given its heavy use in automotive catalysts and industrial applications.
• FRIDAY, FEBRUARY 20 AT 13:30 GMT: U.S. GDP (Gross Domestic Product) (Q4). A weaker-than-expected GDP figure could boost platinum as it may increase expectations for Fed rate cuts, lowering the dollar and supporting industrial metals demand.
• FRIDAY, FEBRUARY 20 AT 13:30 GMT: U.S. CORE PCE (Personal Consumption Expenditures) PRICE INDEX (JANUARY). Softer-than-expected inflation would increase the chance of Fed rate cuts, weaken the dollar, and support platinum prices, while hotter inflation would reduce rate cut expectations and likely pressure platinum prices.

TECHNICAL ANALYSIS:

• DAILY MOVING AVERAGES CONFIRM STRONG UPTREND: Price continues to trade above the 100-day moving average (green), confirming mid-term uptrend.
• UPTREND STRUCTURE REMAINS INTACT: Price action is firmly supported by the upward-sloping trend line (red), which has acted as a reliable dynamic support since July 2025.
• PRICE ACTION: Platinum price hit an all-time high of $2,920 (January 26, 2026). Platinum currently trades around $2,000, and if a full recovery takes place, then platinum prices could see an upside of around 46%. Although, the price could fall, too.

GRAPH (Daily): July 2025 - February 2026

Please note that past performance does not guarantee future results

Platinum, February 17, 2026
Current Price: 2,000

Example of calculation based on weekly trend direction for 1.00 Lot¹

1. 1.00 lot is equivalent of 100 units

2. Calculations for exchange rate used as of 14:00 (GMT) 02/17/2026

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 the suggested one.
• Trailing stop techniques could protect the profit.