铂钯数据日报-20260105

Group 1: Report Core View - The overall prices of platinum and palladium futures fell on December 31. The PT2606 contract dropped 12.04% to 527.25 yuan/gram, and the PD2606 contract dropped 5.26% to 425.2 yuan/gram. During the New Year's holiday, the prices of platinum and palladium in the overseas market rose significantly. It is expected that the domestic platinum and palladium prices will open higher on Monday. After recent adjustments, the basis of platinum and palladium has improved, and the internal and external price differences have narrowed but not returned to a reasonable level. In the short term, the spot prices of platinum and palladium are expected to gradually shift to range - bound fluctuations. In the long - term, with a supply gap in platinum and a supply - loose pattern in palladium, platinum can still be bought at low prices or use the [long platinum, short palladium] arbitrage strategy [6] Group 2: Price and Fluctuation Domestic Prices (yuan/gram) - Platinum futures main contract closing price: 527.25, previous value 589.85, down 10.61% [4] - Spot: Shanghai Gold Exchange - Pt9995 closing price: 511.5, previous value 565.12, down 9.49% [4] - Spot: Platinum (99.95%): 532, previous value 558, down 4.66% [4] - Platinum basis (spot - futures): 4.75, previous value - 31.85, down 114.91% [4] - Palladium futures main contract closing price: 425.2, previous value 447.45, down 4.97% [4] - Spot: Palladium (99.95%): 412, previous value 424, down 2.83% [4] - Palladium basis (spot - futures): - 13.2, previous value - 23.45, down 43.71% [4] International 15 - Point Prices (USD/oz) - London spot platinum: 1947.6, previous value 2156.1, down 9.67% [4] - London spot palladium: 1538.22, previous value 1603.79, down 4.09% [4] - NYMEX platinum: 1970.9, previous value 2181.3, down 9.65% [4] - NYMEX palladium: 1583, previous value 1668.5, down 5.12% [4] Group 3: Price Difference and Ratio Internal and External 15 - Point Price Differences (yuan) - Guangzhou platinum - London platinum: 29.91, previous value 38.80, down 22.91% [4] - Guangzhou platinum - NYMEX platinum: 23.96, previous value 32.36, down 25.95% [5] - Guangzhou palladium - London palladium: 32.40, previous value 37.56, down 13.73% [5] - Guangzhou palladium - NYMEX palladium: 20.97, previous value 21.02, down 0.25% [5] Price Ratios - Guangzhou Futures Exchange platinum/palladium ratio: 1.2400, previous value 1.3182, down 0.0782 [5] - London spot platinum/palladium ratio: 1.2661, previous value 1.3444, down 0.0782 [5] Group 4: Inventory and Position Data Inventory (Troy Ounces) - NYMEX platinum inventory: 652841, previous value 652841, no change [5] - NYMEX palladium inventory: 210029, previous value 210029, no change [5] Position - NYMEX total position: platinum 90330, previous value 97095, down 6.97% [5] - NYMEX non - commercial net long position: platinum 23293, previous value 19343, down 16.96% [5] - NYMEX total position: palladium 22709, previous value 22061, up 2.94% [5] - NYMEX non - commercial net long position: palladium 978, previous value 122, down 87.53% [5]