Like most other physical commodity markets, fear of additional global economic slowing is widely seen to have pressured platinum prices this morning.
News of ongoing production losses at Impala's Rustenburg mine appear to have been discounted this morning, as fears of a return to global recession are thought to offset the minimal 3,000 ounce per day production loss estimates flowing from the Impala mine. There were additional platinum production losses reported at another mine this week, and that news has little impact on prices.