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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bullishGold
28 May 2024 05:46Syndicated

This Is How Fund Managers Can Close Their Research Gap in Agricultural Commodities

Expectations of an "above-normal" monsoon in 2024 currently help to keep prices for commodities that are in large parts grown in India under control.

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bullishCocoa Futures
21 May 2024 06:31Syndicated

Fund Managers are Long Commodities and Hate Real Estate // Another Cocoa Update

Fund Managers are Long Commodities and Hate Real Estate Fund managers positioning in commodities and energy was virtually unchanged compared to...

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bullishCocoa Futures
13 May 2024 21:35Syndicated

Investors Flock Back Into Commodity Funds & New Cocoa Narrative

A net €353 million flowed into funds from the Morningstar Broad Basket Commodities category in Europe in April. This was by far the best month for...

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bearishCocoa Futures
06 May 2024 21:59Syndicated

-30% // Cocoa Bubble Has Busted & Central Banks Buy Gold

-30% // Cocoa Bubble Has Busted Just two weeks ago, the most-active contract hit a record of almost $12,000 a ton as the industry grappled with the...

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bullishGold
30 Apr 2024 09:07Syndicated

Wheat Breakout & Commodity Positioning Update

Going forward, Energy could face some selling flows from CTAs according to the latest CTA flow update by UBSS. UBS 'Contrarian' trades: bullish...

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