Spain Platinum Market

the platinum market in spain has seen diverse developments over the last few years, with prices fluctuating amid supply-demand imbalances. in 2018, the outlook for the spanish platinum market remains uncertain, as the global platinum market is affected by a variety of macroeconomic and geopolitical factors. in the medium- to long-term, however, the outlook may be more positive, with increased demand stemming from the automotive and industrial sectors. in terms of production, platinum production in spain has declined in recent years, due to the closure of several major operations. furthermore, on the demand side, the jewelry sector has seen a general downturn in demand, which negatively impacts the platinum market. however, the automotive and industrial sectors remain major sources of demand for platinum. these sectors will likely continue to grow in the coming years, leading to increased demand for platinum. in terms of geopolitical factors, brexit has had a significant impact on the spanish platinum market, with the influx of investment from the uk causing uncertainty in the industry. additionally, the us-china trade war has impacted the platinum markets, as have the geopolitical tensions in the middle east. these factors will likely continue to have an effect on the platinum market in spain over the coming years. in terms of prices, platinum prices have seen relative stability over the past two years, with a slight increase in the first half of 2018. however, with supply-demand imbalances expected to remain in the coming years, prices are projected to remain volatile in the near-term. overall, the outlook for the spanish platinum market remains uncertain, due to a variety of macroeconomic and geopolitical factors. in the medium- to long-term, however, the outlook may be more positive, with increasing demand stemming from the automotive and industrial sectors. furthermore, with supply-demand imbalances having an effect on prices, the environment for platinum investors appears to remain uncertain in the near-term.