Thank you for your analysis. However, I can correct your AI analysis a bit.
Quickly: Anglo American had a spin off of its PGM division. It is now called Valterra.
The substitution of platinum and palladium is considered at a certain price divergence, but is not quite so easy to implement and is more of an issue if these price differences occur over a longer period of time. Currently not an issue!
Platinum price driver has several reasons. Increased demand from the jewelry industry in China due to the gold price, alternative to gold (because gold has done too well), tariffs in the USA (huge quantities of PGMs are in the USA, more than there is demand for this year) which has led to a shortage in the EU, ....
Very complex and driven by speculation.
That in a nutshell
Quickly: Anglo American had a spin off of its PGM division. It is now called Valterra.
The substitution of platinum and palladium is considered at a certain price divergence, but is not quite so easy to implement and is more of an issue if these price differences occur over a longer period of time. Currently not an issue!
Platinum price driver has several reasons. Increased demand from the jewelry industry in China due to the gold price, alternative to gold (because gold has done too well), tariffs in the USA (huge quantities of PGMs are in the USA, more than there is demand for this year) which has led to a shortage in the EU, ....
Very complex and driven by speculation.
That in a nutshell
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@investment_wizard_2286 Thank you and MEGA, that's what our community is all about. I actually only looked at the current commodity prices and came up with these three commodities. Out of ignorance, I then worked with AI. But I thought it was a shame to keep the knowledge I had gained just for myself. Hence the sharing with the community and this post
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•@Tenbagger2024 not a problem at all. A lot of the information is correct. The devil is in the detail 😀
But it's important that someone sheds light on companies and trends. That way everyone benefits
But it's important that someone sheds light on companies and trends. That way everyone benefits
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•@investment_wizard_2286 and I am always very happy about important additions in the comments
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