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Thursday, June 30, 2011

Platinum Demand: Jewellery

Platinum Demand: Jewellery '000 oz


Gross1 Recycling2 Net3

2009 2010
2009 2010
2009 2010
Europe
185 175
(5) (5)
180 170
Japan
335 325
(230) (290)
105 35
North America
135 175
0 0
135 175
China
2,080 1,650
(330) (450)
1,750 1,200
Rest of the World
75 90
0 0
75 90
Total
2,810 2,415
(565) (745)
2,245 1,670

Notes To Table
- Gross demand is equivalent to the sum of platinum jewellery manufacturing volumes and any increases in unfabricated metal stocks within the industry.
- Recycling represents the amount of old stock and old jewellery recycled whether the metal is reused within the jewellery industry or sold back to the market.
- Net demand is the sum of these figures and therefore represents the industry's net requirement for new metal.

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