ShouChuang Futures: Geopolitical fears have eased, platinum and palladium prices stabilize

An organization expects that shipping through the Strait of Hormuz will remain at its current extremely low levels over the next 5 days, but then recover to 70% of normal shipment volume within two weeks, and achieve full normalization at 100% four weeks later. Today’s market panic sentiment has eased; platinum and palladium have gradually stabilized, with platinum posting a stronger gain at one point exceeding 3%, while palladium continues to trade in a choppy range. If geopolitical impacts ease further, it will be beneficial for the automotive industry, reduce concerns about palladium demand, and, following several consecutive rises and falls and adjustments, current levels are basically aligned with the fundamental state of palladium. Next, the focus will be on changes in speculative sentiment. (Capital Futures)

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