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Speculative purchases and technical buying have been driving platinumprices higher, Commerzbank analysts said.
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Silver tracked gold higher, while platinumprices stayed at premiums to bullion on supply concerns.
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But platinumprices are hurting those recovery prospects.
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Average platinumprices were down 10% on the year.
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Analysts also said the huge price difference between platinum and palladium had also been supporting platinumprices.
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In addition to lower sales, Amplats said it was also hit by a decline in platinumprices.
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Sinking platinumprices and volatile mining shares have raised questions of whether Xstrata might walk away from world No.
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Analysts say the disparity in silver and platinumprices compared with gold has made the two metals attractive for traders.
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Social and labor violence, soaring costs and depressed world platinumprices have hurt South Africa's platinum industry and threatened its profitability.
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Amplats this month reported its first annual loss, battered by six weeks of violent strikes, soaring costs and flagging platinumprices.
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Analysts say that the disparity in silver and platinumprices compared to gold has made the two metals attractive for traders.
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The strikes, weak platinumprices and high costs meant Lonmin had one of the most stretched balance sheets in the platinum sector.
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South Africa's longest and costliest mining strike cut global production and dragged Lonmin into the red but failed to lift platinumprices.
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Amplats this month reported its first-ever annual loss, battered by six weeks of violent strikes last year, soaring costs and flagging platinumprices.