The expiration date for the June 2012 option contracts for the Palladium Option (PAO) and Platinum
Option (PO) is Wednesday, May 16, 2012. FLOOR PROCEDURES  All Floor Traders that carry on
option position at the close of business on the day prior to the expiration day, or engaged in
trading activity on Expiration Day in the expiring contract(s) are… Read more

Platinum prices have found moderate support this morning but remain near the lower end of the
recent selloff. Reports of “value hunting” physical buying from India may have provided support for
the market during the overnight session….

The Monthly Metals
Update – Chart Book is a global trading summary of the metals markets at CME Group. It includes
highlights of the preceding month on both futures and options contracts.View Current Month
IssueView Archive

Despite fresh news of ongoing production problems at several key producers, the platinum market
appears for many traders to be more concerned this morning about sagging global demand….

The SMU/Steel Reality Fair Value Hot Rolled Coil (HRC) model showed spot HRC pricing below Fair
Value for the second week in a row. With the SMU average spot HRC price falling $15/ton last week
and scrap inputs adjusted  slightly lower, the model moved Fair Value…

Gold futures traded up 1% to end at $1,669.3 last Friday and went up another 0.6% to end at
$1,679.70 on Monday in line with other commodities? rally and dollar decline….

July platinum has put together another sharp selloff this morning in the wake of further evidence
of global economic slowing during the overnight session, as prices have now reached down to their
lowest levels since January 10th….

Hot Rolled NYMEX:Written by: Andre Marshall, CEO Crunch Risk, LLC It was a quiet week with almost
nothing trading until yesterday when 829 lots (16,580 ST) traded on the back of the CRU price drop
of $13/ST that morning….

Utilizing a trailing average Hot Rolled Coil (HRC) price, the SMU/Steel Reality price momentum
meter for flat rolled steel in the US remained below 0% this past week for the 12th straight week
of negative readings….

Japanese palladium bar saw the biggest price shift of the day, dropping 5.2 percent to close at JPY
1,581 ($19) per gram on May 9, 2012. Chinese palladium bar was down 3.2 percent from the previous
market day, closing at CNY 152.00 ($24.15) per gram….