en.Wedoany.com Report on Mar 25th, Platinum prices continued their rebound today. The most active platinum contract PT2606 on the Guangzhou Futures Exchange closed the morning session at 507 yuan per gram, up 5.87%, with its intraday gain once surpassing 8%. In the spot market, platinum spot is quoted at a discount of 6-8 yuan per gram relative to PT2606, or at a discount of 2-4 yuan per gram relative to the SGE sell-1 price. The discount range has widened compared to the previous trading day.

According to SMM, suppliers report a tight market supply, and trading companies engaged in spot and futures businesses are actively inquiring about prices. However, mainstream market quotes do not show a significant widening of the discount. The large gap between prices and quotes limits actual transactions. Some downstream buyers conduct immediate purchases based on order requirements or choose to wait and see. Overall, spot market trading was slightly quieter than yesterday.