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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bullishMacroeconomics
09 Oct 2023 16:05

Positioning Watch: Who is caught in the Crossfire?

Happy Saturday, and welcome back to our weekly positioning watch, where we run through interest positioning insights/data collected throughout the...

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bullishCopper
22 Aug 2023 07:39Syndicated

Traders Remain Neutral Commodities // Copper Loses as China Falls Apart

The vast majority of oranges produced in the US come from Florida, which has been hobbled by hurricanes and a cold snap, massively hampering supply.

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bearishCocoa Futures
15 Aug 2023 07:56Syndicated

Cocoa Market Started Collapsing // Soybean Spreads crash down

Cocoa Market Started Collapsing Run-ups in commodity markets tend to be slow but steady but meltdowns on the other hand fast and sharp

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13 Aug 2023 17:52

Positioning Watch – The Chinese Disappointment Is Written All over the Latest Positioning

Weekends provide the perfect opportunity to review the market’s performance over the past week – and this week has again been full of volatility...

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bullishCrude Oil
07 Aug 2023 20:42Syndicated

US Oil Inventories Log Biggest Ever Weekly Decline

US Oil Inventories Log Biggest Ever Weekly Decline US weekly oil inventories (ex SPR) fell by over 17 million barrels, as last weeks EIA data showed.

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