Core Insights - The launch of platinum and palladium futures and options on November 27, 2025, by the Guangzhou Futures Exchange marks a significant development in China's green finance market, aimed at supporting the green energy sector and addressing the cyclical volatility in the industry [1][3] Group 1: Market Overview - Platinum and palladium are critical raw materials in green industries, with applications in automotive emissions control, wind energy, and hydrogen energy, accounting for 60% and 80% of their respective uses [1] - The trading of platinum futures reached a volume of 66,700 contracts and a turnover of 29.231 billion yuan, while palladium futures had a volume of 34,200 contracts and a turnover of 13.049 billion yuan on the first day, totaling over 42.2 billion yuan [2] Group 2: Demand for Risk Management - The high volatility of platinum and palladium prices has increased the demand for risk management tools among upstream and downstream enterprises in the industry [2][3] - The launch of these futures provides a "safe haven" for companies to stabilize operations and manage price fluctuations effectively [3] Group 3: Benefits for Enterprises - The introduction of platinum and palladium futures and options offers significant advantages for companies, including hedging tools to manage price risks and enhance operational focus [4] - The availability of domestic futures contracts is expected to improve the safety of hedging practices and expand sales and procurement channels for enterprises [4] Group 4: Future Outlook - The Guangzhou Futures Exchange aims to continue supporting the real economy and green development, enhancing market cultivation and regulatory efforts to ensure stable market operations [4]