Platinum price was in the doldrums, spot market trading turned light [SMM Daily Review]

[SMM PGM Express] Osmium is attracting growing attention in the luxury goods and alternative investment markets, supported by its exceptional rarity (most rare preciuos metal on earth) and increasing use in high-end jewellery. Industry sources indicate that crystalline osmium prices have increased by nearly 500% over the past eight years, reflecting limited supply and expanding demand from collectors and luxury brands. Global osmium output remains extremely limited, as the metal is recovered only as a by-product of platinum group metal mining. Industry estimates suggest that approximately 22 tonnes of recoverable osmium remain available, underscoring its scarcity and contributing to a relatively small global market. Most refined crystalline osmium is currently held by long-term investors, limiting the volume available for trade. Beyond its rarity, crystalline osmium is gaining recognition for its unique physical properties, including its high density, natural brilliance and traceable certification system, making it increasingly attractive as both a luxury material and a tangible asset. As interest expands beyond Europe into markets such as China and the United States, market participants will continue to monitor supply availability, investor demand and adoption by the luxury jewellery sector as key drivers of future price trends.

July 16, 2026 – Kingboard Holdings held a launch ceremony for its high-end electronic materials expansion project in Nansha, Guangzhou today, unveiling a RMB 1.5–2 billion expansion blueprint for the next five years. The Nansha project plans an annual capacity of 180 million meters of premium electronic fabric and 50,000 tons of high-performance phenolic resin, Combined with the 70,000-ton electronic yarn project in Shaoguan and newly released low-dielectric yarn kiln capacity in Qingyuan, the group’s total loom count will rise to 5,833 units by 2028, lifting total electronic fabric capacity to 1.15 billion meters.