Current annual sales of platinum jewellery in China are roughly 1.4 to 1.5 million ounces. Zhang Longzhi, Vice President of the All-China Association of Industry & Commerce, stated: After over 20 years’ development, the jewellery industry has become an important industry in our national economy. For full story, click here
Interfax-China quoted Johnson Matthey industry report strong jewelry demand from Asian countries, especially China, will support global platinum prices in the coming months, although the economic slump will slash platinum consumption in 2009 to a level below that of 2008. For full story, click here
Platinum Guild International (PGI) has forecasted that the platinum jewellery market in China will be strong in 2009 after adapting to declining prices in 2008. For more information, click here
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