Core Viewpoint - The Shanghai Futures Exchange (SHFE) has announced the listing of platinum and palladium futures and options, set to begin trading on November 27 and 28, 2025, respectively [2]. Group 1: Trading Details - Platinum and palladium futures contracts will be listed with the first contracts being PT2606, PT2608, PT2610 for platinum and PD2606, PD2608, PD2610 for palladium [2]. - The trading unit for both platinum and palladium futures contracts is 1000 grams per lot, with a minimum price fluctuation of 0.05 yuan per gram [2]. - The initial margin requirement for trading on the first day will be 9% of the contract value, with a price limit of 14% from the listing benchmark price [2]. - If a contract is traded, the margin and price limit will adjust to 9% and 7% of the previous day's settlement price, respectively, for the following trading day [2]. Group 2: Fees and Trading Hours - The trading fee for platinum and palladium futures is set at 0.01% of the transaction amount, with no fees for intra-day closing trades and a hedging fee of 0.0005% [3]. - Trading hours are scheduled from Monday to Friday, with specific time slots: 9:00-10:15, 10:30-11:30, and 13:30-15:00, along with other times as designated by the exchange [3]. Group 3: Industry Significance - Platinum and palladium are crucial raw materials for green industries, particularly in automotive exhaust treatment, with approximately 60% of platinum and nearly 80% of palladium used in catalytic converters in China [3]. - These metals are also essential for renewable energy sectors such as wind power and hydrogen energy, making them representative of new energy metals [3]. - The listing of these futures and options aligns with the demand for risk management tools in the real economy and signifies the expansion of the SHFE's new energy metal sector [4].
定了!铂、钯期货11月27日上市,铂、钯期权11月28日上市
Qi Huo Ri Bao·2025-11-14 12:56