铂钯数据日报-20260209

Group 1: Report Industry Investment Rating - No information provided Group 2: Core Viewpoints of the Report - On February 6, platinum and palladium prices generally declined. The PT2606 contract closed down 7.81% to 50 yuan/gram, and the PD2606 contract closed down 6.12% to 410.5 yuan/gram. In the macro - level, the US dollar index declined, the selling pressure on technology stocks eased, the three major US stock indexes, Bitcoin, and precious metals all rebounded, while platinum and palladium trended down. Fundamentally, Western countries' plans for critical minerals will support platinum and palladium prices in the long - term. It is expected that platinum and palladium prices may fluctuate widely in the short - term. In the medium - to long - term, the supply and demand prospects of platinum and palladium differ. Platinum demand is still strong, while palladium supply tends to be loose. The strategy suggests unilateral low - buying of platinum or continuing to focus on the [long platinum, short palladium] arbitrage strategy [6] Group 3: Summary by Relevant Catalogs Domestic Prices (yuan/gram) - Platinum futures main contract closing price: 506, previous value 540.3, down 6.35% [4] - Platinum spot (99.95%): 513, previous value 525, down 2.29% [4] - Platinum basis (spot - futures): 7, previous value - 15.3, down 145.75% [4] - Palladium futures main contract closing price: 410.5, previous value 442.7, down 7.27% [4] - Palladium spot (99.95%): 418, previous value 435, down 3.91% [4] - Palladium basis (spot - futures): 7.5, previous value - 7.7, down 197.40% [4] International Prices (15:00, US dollars/ounce) - London spot platinum: 1961, previous value 2090.3, down 6.19% [4] - London spot palladium: 1627.606, previous value 1724.399, down 5.61% [4] - NYMEX platinum: 1943.9, previous value 2074.6, down 6.30% [4] - NYMEX palladium: 1620.5, previous value 1722.5, down 5.92% [4] Internal - External 15:00 Price Differences (yuan/gram) - US dollar/renminbi central parity rate: 6.959, previous value 6.957, up 0.03% [4] - Guangzhou platinum - London platinum: 10.21, previous value 11.98, down 14.71% [4] - Guangzhou platinum - NYMEX platinum: 14.54, previous value 15.94, down 8.82% [4] - Guangzhou palladium - London palladium: - 1.00, previous value 6.86, down 114.52% [5] - Guangzhou palladium - NYMEX palladium: 0.80, previous value 7.34, down 89.09% [5] Ratios - Guangzhou Futures Exchange platinum/palladium ratio: 0.0122, previous value 1.2326, change 1.2205 [5] - London spot platinum/palladium ratio: 1.2048, previous value 1.2122, down 0.0074 [5] Inventories (troy ounces) - NYMEX platinum inventory: 190874, previous value 190874, change 0.00% [5] - NYMEX palladium inventory: 646441, previous value 662619, down 2.44% [5] Positions - NYMEX total platinum position: 73590, previous value 79441, down 7.37% [5] - NYMEX non - commercial net long platinum position: 13106, previous value 13922, down 5.86% [5] - NYMEX total palladium position: 17304, previous value 19123, down 9.51% [5] - NYMEX non - commercial net long palladium position: 1133, previous value 684, up 65.64% [5]