Platinum Prices Dipped Slightly Intraday, Spot Market Premiums Held Steady with Limited Trading [SMM Daily Review]

Published: Apr 21, 2026 12:05

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Platinum prices edged up today. The most-traded PT2606 contract on the Guangzhou Futures Exchange closed at 522.25 yuan/gram in the morning session, down 1.18%. Spot side, mainstream quotations from spot platinum traders in the morning session were at a discount of 5–6 yuan/gram to PT2606, basically unchanged from the previous trading day. Trading side, according to SMM, a small volume was transacted at a discount of 6 yuan/gram in the morning session. Some trading firms engaging in both spot and futures market continued to hold prices firm for sales due to delivery intentions, waiting for the discount to narrow, leaving very limited room for negotiation. Downstream enterprises made small purchases based on order needs, and overall trading in the spot market remained sluggish.

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