WPIC sees platinum market swinging to 265,000-oz surplus in 2026, stocks still tight

• Anglo American flagged a 265,000-ounce platinum market surplus forecast for 2026, driven mainly by H1 investment outflows.
• Net disinvestment projected at 83,000 ounces, reflecting macroeconomic uncertainty.
• Above-ground inventories seen staying tight, ending 2026 at 3.4 months of cover despite the surplus.
• Jewellery demand forecast to fall 15% as higher prices weigh on China consumption.
• Industrial demand expected to rise 5%, offsetting a 4% drop in automotive demand.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Anglo American plc published the original content used to generate this news brief via CNW (Ref. ID: 202609090100CANADANWCANADAPR_C9010) on September 09, 2026, and is solely responsible for the information contained therein.