[SMM Platinum and Palladium Daily Review] Platinum and Palladium Futures Show Increased Intraday Volatility, Spot Prices Rise Slightly

[SMM Platinum and Palladium Market Daily Review] On December 8, in the futures market, both the most-traded platinum contract PT2606 and the most-traded palladium contract PD2606 fluctuated upward. PT2606 closed up at 443.2 yuan per gram, up 0.66% from the previous trading day's settlement price; PD2606 closed up at 383.7 yuan per gram, up 1.07% from the previous trading day's settlement price. In terms of futures trading volume, PT2606 recorded 9,834 lots, and PD2606 recorded 4,963 lots, both increasing slightly compared to the previous trading day. The open interest for PT2606 was 10,877 lots, an increase of 353 lots from the previous trading day; the open interest for PD2606 was 3,409 lots, an increase of 208 lots from the previous trading day. In the spot market, SMM platinum spot price remained unchanged from the previous trading day, holding steady at 425 yuan per gram; the Shanghai Gold Exchange traded 13 lots of platinum spot today, closing at 433.79 yuan per gram; SMM palladium (imported) spot price rose 1 yuan per gram to 373 yuan per gram, up MoM. In the international market, platinum and palladium spot prices overall fluctuated upward. As of 15:00 Beijing time, international platinum spot closed at $1,662.50 per ounce; international palladium spot closed at $1,466.84 per ounce.