TGViewer
Metals Wire Metals Wire @metalswire · 694 subscribers
Post #727 215
What is happening in the PGM sector?

📌Demand for Pt/Pd is set to remain sluggish in 2023 amid soft car sales

📝On our numbers, global internal combustion engine (ICE) car sales - PGMs largest consuming segment - shrank ~10% YoY in 2022F, mostly driven by a declines of 12% in China, 15% in EU+UK and 11% in US. As for 2023F, the ICE car sales are expected to stay 5% lower vs. 2021 and >20% weaker vs. pre-Covid 2019

🚘We would like to remind our readers that car autocatalysts represent 83% and 30% of world Pd and Pt demand in 2022F, respectively

❗️Among few positive demand factors, the gradual tightening of global emission regulations might increase average Pd loadings per vehicle in the longer term (China’s shift to 6b from 6a in 2023, etc.)

#PGMs
https://metals-wire.com/sector/PGM
Open in Telegram All posts from @metalswire
More from @metalswire
  1. Sep 25, 2026Morning Bites 🔗Global crude steel output declined 1.2% YoY to 144.2mnt in August, vs. the…
  2. Sep 24, 2026Morning Bites 🇨🇳 The output of power generation equipment in China decreased 3% YoY in A…
  3. Sep 23, 2026Morning Bites 🏭Global primary aluminium output declined 1.7% YoY in August, after the rev…
  4. Sep 22, 2026Morning Bites 🇵🇪 Peru’s copper output rose 4% YoY in July, reversing from the 5% YoY dec…
  5. Sep 21, 2026Morning Bites (part 2) 🔗CISA mills daily crude steel production in early-September rose t…
  6. Sep 21, 2026Morning Bites (part 1) 💍Signet has reported 2.2% YoY growth in same-store sales for 2Q26…
Threads Profile ViewerView any public Threads profile without an account.Open ThreadLook →Writing with AI? Make it sound human.Metric37 rewrites AI drafts so they read naturally. Free AI detector, 1,500 words free.Try Metric37 →