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Platinum and Palladium Futures Continue Strong Performance, Trading Volume Hits Record High [SMM Platinum and Palladium Daily Review]

iconDec 16, 2025 18:24

[SMM Platinum and Palladium Daily Review] Futures: On December 16, platinum's most-traded contract PT2606 and palladium's most-traded contract PD2606 continued their strong performance from the previous day, rising rapidly in the morning session and pulling back slightly in the afternoon, fluctuating upward overall, with both hitting new highs in trading volume:PT2606 closed up at 485.75 yuan per gram, up 2.46% from the previous trading day's settlement price; PD2606 closed up at 423.85 yuan per gram, up 4.73%. In terms of futures trading: On December 16, PT2606's trading volume was 92,961 lots, and PD2606's trading volume was 52,938 lots, both setting new records since the futures were listed; PT2606's open interest was 21,372 lots, an increase of 3,528 lots from the previous trading day; PD2606's open interest was 7,003 lots, an increase of 1,441 lots. Spot: SMM's spot platinum price rose 12 yuan per gram MoM to 464 yuan per gram; the Shanghai Gold Exchange traded 22 lots of spot platinum today, closing at 471.50 yuan per gram; SMM's spot palladium (imported) price rose 16 yuan per gram MoM to 398 yuan per gram. International markets: During yesterday's night session, NYMEX's most-traded platinum and palladium contracts fluctuated upward, with NYMEX platinum 2601 closing at $1,815.9 per ounce, up 3.03%, and NYMEX palladium 2603 closing at $1,622.0 per ounce, up 5.14%.

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.

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