Will Falling Platinum Prices Drive Further Weakness in the US Potassium Tetrachloroplatinate Market? - ChemAnalyst

AI desk brief

ChemAnalyst says the US potassium tetrachloroplatinate market is under mixed but broadly softer pressure as falling platinum feedstock values outweigh higher production and shipping costs. The September CFR Los Angeles spot price fell from August levels, and the report expects further downside if platinum keeps weakening and downstream buying stays cautious.

On the cost side, Chinese liquid chlorine prices have risen and freight from Shanghai to Los Angeles increased in mid-October, but these factors may not be enough to sustain pricing. The piece points to competitive import offers and limited purchasing interest into late October.