Home / Metal News / Platinum and Palladium Futures Intraday Volatility Intensifies, Spot Prices Rise Slightly [SMM Daily Review]

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

iconDec 8, 2025 18:04

[SMM Platinum and Palladium Market Daily Review] On December 6, in the platinum and palladium futures market: the most-traded platinum contract PT2606 and the most-traded palladium contract PD2606 both fluctuated upward, with PT2606 closing up at 443.2 yuan per gram, an increase of 0.66% from the previous trading day's settlement price; PD2606 closed up at 383.7 yuan per gram, an increase of 1.07% from the previous trading day's settlement price. In terms of futures trading volume: PT2606 recorded a trading volume of 9,834 lots, and PD2606 recorded 4,963 lots, both increasing slightly compared to the previous trading day; PT2606's open interest was 10,877 lots, an increase of 353 lots from the previous trading day; PD2606's open interest 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's platinum spot trading volume was 13 lots, closing at 433.79 yuan per gram; SMM palladium (imported) spot price rose by 1 yuan per gram to 373 yuan per gram, up MoM. In the international market: international platinum and palladium spot prices generally 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.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn