ENTITY

Platinum (PLATINUM COMDTY)

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Analysis
MaterialsUnited States
Platinum is a chemical element with symbol Pt and atomic number 78. It is a dense, malleable, ductile, highly unreactive, precious, gray-white transition metal. Its name is derived from the Spanish term platina, which is literally translated into "little silver". Platinum is a member of the platinum group of elements and group 10 of the periodic table of elements. It has six naturally occurring isotopes. It is one of the rarer elements in Earth's crust with an average abundance of approximately 5 μg/kg. It occurs in some nickel and copper ores along with some native deposits, mostly in South Africa, which accounts for 80% of the world production. Because of its scarcity in Earth's crust, only a few hundred tonnes are produced annually, and given its important uses, it is highly valuable and is a major precious metal commodity.
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bullishPlatinum
16 Jul 2024 08:53Syndicated

It Got Quiet around Platinum and Palladium

If the demand for BEVs continues to surge, two metals could be supported by that fact which builds the investment case for platinum and palladium.

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bullishPlatinum
08 Jul 2024 12:43Podcast

Concentrating on Concentrates

Manganese ore, alumina, molybdenum, and chrome ore prices are up, while cobalt prices are down due to market surplus Precious metals like gold are...

bearishNatural Gas
23 Dec 2024 21:31Syndicated

Investors Are Max Long Stocks & Bearish Commodities

While the sentiment around the “long US equities trade” seems to be extended and due for a correction, the bearish positioning in commodities and...

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26 Aug 2024 21:44Syndicated

Hedge Funds Pushing into Commodities Markets

Hedge Funds Pushing into Commodities Markets Big trading houses like Glencore, Trafigura, Mercuria or Vitol are benefiting since years now from the...

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bullishGold
18 Apr 2023 01:05Syndicated

Soft commodities dominate 2023 - US orange crop falls to 86-year low

USDA on Tuesday pegged the 2022-2023 U.S. orange crop at 62.25 million boxes (2.57 million tonnes), an 86-year low and down 23% on the year.

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