[SMM Platinum and Palladium Daily Review] Platinum and Palladium Futures in the Doldrums During the Day, Spot Palladium Price Rises Slightly

[SMM Platinum and Palladium Market Daily Review] On December 9, the most-traded platinum contract PT2606 was in the doldrums, and finally closed down at 436.4 yuan per gram, down 1.30% from the previous trading day's settlement price. The most-traded palladium contract PD2606 rose slightly in early trading before weakening into the doldrums, and finally closed down at 380.45 yuan per gram, down 0.47% from the previous trading day's settlement price. In terms of futures trading: On December 9, the trading volume for PT2606 was 10,108 lots, and for PD2606 was 5,947 lots, both increasing slightly compared to the previous trading day. The open interest for PT2606 was 10,806 lots, decreasing by 71 lots from the previous trading day. The open interest for PD2606 was 3,423 lots, increasing by 14 lots from the previous trading day. In the spot market: The SMM spot platinum price remained unchanged from the previous trading day, holding steady at 425 yuan per gram. The Shanghai Gold Exchange's spot platinum traded 26 lots today, closing at 430.9 yuan per gram. The SMM spot palladium (imported) price rose by 3.5 yuan per gram MoM to 376.5 yuan per gram. In the international market: Spot platinum and palladium prices were generally in the doldrums. As of 3:00 PM Beijing time, the international spot platinum price closed at $1,640.04 per ounce, and the international spot palladium price closed at $1,462.37 per ounce.