铂钯数据日报-20260205

Report Overview - The report is a daily data report on platinum and palladium, provided by the Precious Metals and New Energy Research Center of Guomao Futures Research Institute, dated February 5, 2026 [2][3] Investment Rating - Not provided Core View - On February 4, platinum and palladium prices rebounded overall. The PT2606 contract closed up 6.72% to 599.85 yuan/gram, and the PD2606 contract closed up 6.29% to 461 yuan/gram. In the short term, platinum and palladium prices are expected to move strongly in a wide range. In the long - term, the supply - demand prospects of platinum and palladium are different. It is recommended to configure platinum on dips unilaterally or focus on the "long platinum, short palladium" arbitrage strategy [6] Data Summary Domestic Prices (yuan/gram) - Platinum futures main contract closing price: 599.85 (previous value 572.95, up 4.69%) - Platinum spot price: 573.5 (previous value 548, up 4.65%) - Platinum basis (spot - futures): - 26.35 (previous value - 24.95, up 5.61%) - Lithium futures main contract closing price: 461 (previous value 450.55, up 2.32%) - Lithium spot price: 449 (previous value 439, up 2.28%) - Lithium basis (spot - futures): - 12 (previous value - 11.55, up 3.90%) [4] International Prices (15:00, dollars/ounce) - London spot platinum: 2322.4 (previous value 2199.613, up 5.58%) - London spot palladium: 1802.914 (previous value 1786.257, up 0.93%) - NYMEX platinum: 2304.6 (previous value 2194.9, up 5.00%) - NYMEX palladium: 1804 (previous value 1786, up 1.01%) [4] Internal - External 15:00 Spread (yuan/gram) - Dollar/yuan central parity rate: 6.9533 (previous value 6.9608, down 0.11%) - Spread between domestic platinum and London platinum: 13.18 (previous value 16.69, down 21.08%) - Spread between domestic platinum and NYMEX platinum: 17.67 (previous value 17.89, down 1.20%) [4] Platinum - Palladium Ratio - Guangzhou Futures Exchange platinum/palladium ratio: 1.3012 (previous value 1.2717, change 0.0295) - London spot platinum/palladium ratio: 1.2881 (previous value 1.2314, change 0.0567) [5] Inventory (troy ounces) - NYMEX platinum inventory: 655182 (previous value 655182, change 0.00%) - NYMEX palladium inventory: 224021 (previous value 224021, change 0.00%) [5] Position - NYMEX total position of platinum: 79009 (previous value 79441, down 0.55%) - NYMEX non - commercial net long position of platinum: 15124 (previous value 13922, up 7.95%) - NYMEX total position of palladium: 19123 (previous value 19167, down 0.23%) - NYMEX non - commercial net long position of palladium: 684 (previous value 888, down 22.97%) [5] Factors Affecting Prices - Macro aspect: The sentiment of the precious metals market continued to recover. The uncertainty of the geopolitical situation between the US and Iran resurfaced, and the ADP employment number in the US in November was lower than expected, which supported platinum and palladium prices - Fundamental aspect: Trump's plan to reform the $12 billion strategic reserve of critical minerals and the EU's consideration of new sanctions on Russian - exported platinum are beneficial to platinum and palladium prices [6]