A 7% drop in Chinese platinum jewellery buying in 2016 resulted in the global demand for platinum jewellry to decline by 4%. With an expected double-digit drop in Chinese demand in 2015, global demand for the metal will be exposed to a further decline. Discretionary purchasing power is being spent on white goods and tourism.
A 7% drop in Chinese platinum jewellery buying in 2015 resulted in the global demand for platinum jewellry to decline by 4%. With an expected double-digit drop in Chinese demand in 2016, global demand for the metal will be exposed to a further decline. Discretionary purchasing power is being spent on white goods and tourism.