Benchmark: Loco London/Zurich spot. The same tonne prices differently by origin — freight, quality, sanctions and policy set the differential. Deep dive →
| Origin | Basis | Market note |
|---|---|---|
🌐 Loco London/Zurich Global · global reference | SpotBenchmark | Wholesale platinum reference |
🇨🇳 Shanghai (SGE) China · jewelry + industrial | SGE premium | China premium — jewelry and glass demand |
🇺🇸 NYMEX basis USA · futures | Futures basis | NY futures basis to loco spot |
🇿🇦 South Africa (FOB) South Africa · ~70% of mine supply | Producer FOB | Producer FOB under a strained PGM basket |
🇷🇺 Russia (Nornickel) Russia · co-product | FOB | Buyer caution — small discount |
Origin notes are qualitative context. Dollar differentials are not shown, because no public differential series is attached.
Track physical flows on the live vessel map →Converted from 1,784.00 USD/oz · indicative FX
Platinum is traded in the precious metals segment. The series on this page is the named public source, not a live feed. Physical parcels of Platinum can be sourced or placed through the Off Market desk, listed openly on the Marketplace, or intermediated by a specialist broker.
Continued official-sector accumulation and a softer rate outlook have kept bullion firm, with silver and platinum tracking the move higher.