The World Platinum Investment Council (WPIC) was formed by the leading platinum producers to develop the market for platinum investment demand.

WPIC mission is to stimulate investor demand for physical platinum through both actionable insights and targeted development: providing investors with the information to support informed decisions regarding platinum and working with financial institutions and market participants to develop products and channels that investors need.

WPIC is a global market authority providing investors with platinum market intelligence. The most recent Platinum Quarterly, published on Monday 16 May 2022, includes an analysis of the impacts on platinum supply and demand following the Russian invasion of Ukraine. Updated analysis of platinum supply and demand fundamentals, as well as a revised forecast for full year 2022, will be published in subsequent editions throughout the year.

Russia accounts for almost forty percent of global palladium supply but only ten percent of global mined platinum supply. The WPIC expect that various forms of sanctions are likely to interrupt short term metal flows. For platinum, this is compounding an already tight physical market and adding to price volatility.