Norilsk Nickel expects a global PLATINUM surplus of about 300k oz in 2026 and, excluding investment and inventory changes, a 200k oz surplus in 2027.

受美股存儲概念板塊走低影響，鎧俠美股ADR盤前一度跌近20%。

S&P Global’s preliminary June Japan PMI showed overall business activity rose for the first time since the outbreak of the Middle East war; seasonally adjusted composite output index increased from 51.1 in May to 52.5, signalling stronger demand. S&P GLOBAL MARKET INTELLIGENCE’s Annabel Fiddes said part of the expansion is driven by war-related restocking and may be temporary as inventories fill and cost pressures intensify. The survey recorded the largest rise in input costs in nearly four years, lifting average selling prices, with inflation and supply-chain disruption continuing to weigh on firms’ outlook.