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MRCI's Futures Highlight - Platinum(NYM)

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MRCI's Futures Highlight - Platinum(NYM)

MRCI hopes this profile of the NYM Platinum futures contract, with its statistics and feature studies, will help you derive wise trading decisions from its presentation of long-term perspective, computer analysis, and historical background. This additional history is designed to complement the body of knowledge contained in any seasonal patterns and strategies published. The weekly and monthly charts on this page depict prices for nearby contracts, which most closely reflect the underlying cash market.

Copyright © 1989- Moore Research Center, Inc. All Rights Reserved
Some data provided by barchart

The table below offers a statistical analysis of historical daily trading in the NYM Platinum futures. The average range for each day of the week in each year and overall has been computed for purposes of comparison and further insight into the dynamics of this market.

MRCI's Nearby Futures Range Detail for Platinum(NYMEX)
from 1/1976 - 2/2025
Calendar
Year		 Monday
Avg Rng		 Tuesday
Avg Rng		 Wednesday
Avg Rng		 Thursday
Avg Rng		 Friday
Avg Rng		 Yearly
Avg Rng
1976 3.0($151) 3.0($151) 2.6($132) 2.6($132) 2.5($125) 2.8($138)
1977 2.4($119) 1.9($96) 1.9($97) 1.9($96) 2.0($98) 2.0($101)
1978 7.0($351) 6.6($330) 6.4($318) 6.2($310) 6.4($318) 6.5($325)
1979 11.6($582) 12.6($628) 12.1($607) 11.8($588) 11.9($593) 12.0($600)
1980 27.2($1360) 24.1($1205) 26.7($1333) 25.9($1295) 23.8($1192) 25.5($1277)
1981 16.1($806) 12.7($634) 13.1($654) 14.0($699) 12.8($641) 13.7($686)
1982 13.2($661) 12.7($635) 13.8($690) 12.6($629) 13.3($667) 13.1($656)
1983 13.2($661) 10.3($517) 11.4($569) 11.0($551) 9.5($475) 11.1($553)
1984 6.5($326) 5.8($291) 5.7($285) 6.3($315) 7.0($350) 6.3($313)
1985 8.6($429) 8.0($399) 7.1($355) 6.8($341) 6.8($342) 7.5($373)
1986 14.9($747) 13.2($661) 13.6($678) 13.5($677) 12.7($634) 13.6($679)
1987 14.7($733) 13.9($694) 13.5($676) 14.2($708) 13.7($686) 14.0($699)
1988 13.3($666) 13.0($650) 13.2($658) 11.6($578) 12.2($611) 12.6($632)
1989 8.3($416) 8.7($436) 9.4($472) 9.2($460) 10.9($547) 9.3($467)
1990 8.3($414) 8.9($443) 8.0($399) 7.0($352) 7.8($389) 8.0($399)
1991 4.6($230) 5.2($260) 5.2($259) 6.6($328) 5.9($296) 5.5($275)
1992 4.3($213) 4.8($242) 4.7($235) 4.9($245) 4.9($243) 4.7($235)
1993 5.6($282) 5.6($282) 5.5($275) 6.2($308) 5.2($258) 5.6($281)
1994 5.4($270) 4.9($245) 5.2($258) 5.6($278) 5.4($269) 5.3($264)
1995 4.3($217) 4.9($247) 4.9($243) 5.9($297) 5.3($263) 5.1($254)
1996 3.1($155) 3.3($166) 3.3($164) 3.1($157) 3.6($182) 3.3($165)
1997 6.6($332) 7.4($368) 7.2($358) 7.1($356) 7.4($372) 7.1($357)
1998 6.3($313) 6.8($341) 7.8($392) 7.3($363) 6.6($332) 7.0($349)
1999 5.3($263) 6.6($331) 6.2($310) 5.8($292) 5.8($292) 6.0($299)
2000 11.3($563) 11.8($592) 12.1($605) 12.7($633) 12.0($599) 12.0($599)
2001 10.2($509) 9.4($468) 8.6($430) 9.8($488) 9.8($491) 9.5($477)
2002 7.9($395) 8.0($398) 9.2($459) 8.7($435) 8.0($400) 8.4($418)
2003 11.5($575) 11.0($551) 11.2($560) 11.4($568) 10.3($517) 11.1($554)
2004 15.6($778) 14.5($727) 16.2($809) 16.3($817) 14.3($714) 15.4($770)
2005 11.1($555) 12.3($613) 11.1($557) 11.4($570) 9.9($497) 11.2($559)
2006 25.5($1276) 25.4($1270) 24.0($1202) 24.8($1240) 25.3($1264) 25.0($1250)
2007 20.3($1015) 20.3($1013) 20.7($1037) 19.4($971) 22.0($1102) 20.6($1028)
2008 60.6($3031) 63.8($3192) 56.3($2816) 63.7($3186) 62.7($3133) 61.4($3070)
2009 34.2($1711) 32.9($1647) 28.9($1447) 30.3($1513) 29.9($1495) 31.2($1561)
2010 29.4($1469) 34.2($1712) 32.6($1630) 34.2($1711) 31.7($1586) 32.5($1624)
2011 35.6($1779) 33.8($1690) 35.7($1787) 38.0($1900) 32.6($1628) 35.1($1756)
2012 26.2($1309) 32.2($1610) 29.1($1455) 29.7($1486) 29.5($1476) 29.4($1469)
2013 28.2($1409) 28.0($1400) 28.8($1439) 31.0($1551) 28.4($1420) 28.9($1444)
2014 20.8($1038) 21.3($1066) 19.3($965) 22.4($1120) 20.5($1024) 20.8($1042)
2015 24.0($1201) 21.0($1050) 20.0($1000) 21.0($1049) 21.2($1062) 21.4($1070)
2016 21.7($1084) 21.9($1097) 22.4($1118) 23.2($1160) 25.2($1261) 22.9($1145)
2017 16.4($821) 16.4($822) 16.2($811) 15.9($795) 16.1($807) 16.2($811)
2018 15.8($789) 16.3($814) 15.6($780) 16.9($845) 14.9($744) 15.9($795)
2019 17.6($881) 16.5($823) 18.1($907) 17.9($896) 18.9($945) 17.8($891)
2020 39.9($1993) 36.5($1824) 33.7($1686) 35.1($1754) 32.3($1617) 35.5($1773)
2021 34.4($1719) 35.8($1792) 33.4($1669) 33.4($1670) 36.0($1801) 34.6($1730)
2022 32.6($1630) 31.5($1575) 31.9($1593) 33.2($1658) 30.0($1498) 31.8($1590)
2023 26.1($1307) 25.5($1274) 25.5($1277) 25.7($1285) 26.0($1300) 25.8($1288)
2024 26.3($1317) 21.3($1065) 23.7($1185) 24.1($1206) 24.3($1214) 23.9($1195)
2025 31.9($1596) 24.7($1233) 21.2($1058) 22.8($1138) 26.5($1325) 25.0($1252)

What other characteristics do NYM Platinum futures exhibit for various days of the week? We ran various studies for the last 180 calendar days of trading prior to trading prior to expiration for each contract.

MRCI's Nearby Futures Summary for Platinum(NYMEX)
from 1/1976 - 2/2025
Summary
Item		 Monday
Summary		 Tuesday
Summary		 Wednesday
Summary		 Thursday
Summary		 Friday
Summary		 Yearly
Summary
Range 16.7($833) 16.5($824) 16.2($810) 16.7($833) 16.3($815) 16.5($823)
Closed Up 1181(51%) 1313(52%) 1296(51%) 1252(51%) 1228(50%) 6270(51%)
Closed Dn 1114(48%) 1194(47%) 1209(48%) 1207(49%) 1181(49%) 5905(48%)
Closed Uchg 19(1%) 17(1%) 24(1%) 20(1%) 25(1%) 105(1%)
Gapped up 291(13%) 275(11%) 294(12%) 250(10%) 266(11%) 1376(11%)
Un-filled Gaps Up 120(41%) 112(41%) 99(34%) 94(38%) 92(35%) 517(38%)
Gapped Down 299(13%) 290(11%) 267(11%) 288(12%) 241(10%) 1385(11%)
Un-filled Gaps Down 130(43%) 109(38%) 94(35%) 109(38%) 73(30%) 515(37%)

Daily Percent Change Summary for Platinum(NYMEX)

UNCH		 >0%-
<1%		 +1%-
<2%		 +2%-
<3%		 +3%-
<4%		 +4%-
<5%		 +5%-
<6%		 +6%-
<7%		 +7%-
<8%		 +8%-
<9%		 +9%-
<10%		 +10%-
<20%
>+20%
105 3575 1661 658 211 102 33 14 9 2 4 1 0
<0%-
>-1%		 -1%-
>-2%		 -2%-
>-3%		 -3%-
>-4%		 -4%-
>-5%		 -5%-
>-6%		 -6%-
>-7%		 -7%-
>-8%		 -8%-
>-9%		 -9%-
>-10%		 -10%-
>-20%
<-20%
3340 1519 596 257 104 52 22 8 2 3 2 0

The table below represents yearly low, high, last yield in the cash market for the NYM Platinum futures contracts. Quotes are from daily cash market price activity.

Platinum: Free Mrkt - Nov 1, 2024
  Period Low(Jan-Dec) Period High(Jan-Dec) Last Day Average
Year Date Price Date Price Date Price Price
2023 11/13/2023 856.0 04/21/2023 1135.0 12/29/2023 1020.0 973.4
2022 09/01/2022 821.5 03/09/2022 1175.6 12/30/2022 1073.8 960.8
2021 12/15/2021 896.0 02/16/2021 1333.3 12/31/2021 966.1 1087.9
2020 03/19/2020 585.2 12/31/2020 1082.3 12/31/2020 1070.0 884.0
2019 02/14/2019 776.5 09/05/2019 992.7 12/31/2019 962.6 863.2
2018 08/16/2018 755.0 01/24/2018 1013.9 12/31/2018 793.9 876.7
2017 12/12/2017 871.9 02/24/2017 1026.4 12/29/2017 926.9 946.9
2016 01/21/2016 809.3 08/10/2016 1189.6 12/30/2016 900.3 986.7
2015 11/30/2015
12/02/2015		 828.9 01/20/2015 1284.0 12/31/2015 887.9 1049.2
2014 11/14/2014 1175.0 07/11/2014 1510.0 12/31/2014 1205.0 1379.1
2013 06/26/2013 1300.0 02/06/2013 1731.0 12/31/2013 1369.0 1481.4
2012 07/24/2012 1380.0 02/22/2012 1720.0 12/31/2012 1536.0 1548.0
2011 12/29/2011 1368.0 08/22/2011
08/23/2011		 1892.0 12/30/2011 1395.0 1721.2
2010 02/08/2010 1482.0 11/09/2010 1790.0 12/31/2010 1754.0 1616.8
2009 01/12/2009 916.0 12/02/2009 1510.0 12/31/2009 1475.0 1211.2
2008 10/27/2008 760.0 03/04/2008 2275.0 12/31/2008 912.0 1573.2
2007 01/08/2007 1122.0 12/27/2007 1547.0 12/31/2007 1528.0 1309.1
2006 01/03/2006 982.0 11/21/2006 1360.0 12/29/2006 1120.0 1145.4
2005 01/04/2005 844.0 12/09/2005
12/12/2005		 1004.0 12/30/2005 965.0 897.2
2004 05/10/2004 767.0 04/19/2004 936.0 12/31/2004 861.0 845.9
2003 01/03/2003
04/30/2003		 603.0 12/17/2003 840.0 12/31/2003 813.0 692.1
2002 02/01/2002
02/05/2002		 453.0 12/13/2002
12/16/2002
12/17/2002		 602.0 12/31/2002 598.0 540.0
2001 11/07/2001 419.0 01/11/2001 637.0 12/31/2001 483.0 530.5
2000 04/19/2000 405.0 12/13/2000 625.0 12/29/2000 610.0 548.8
1999 01/28/1999 344.0 11/16/1999 457.0 12/30/1999 449.0 378.7
1998 10/30/1998 337.0 07/31/1998 480.0 12/31/1998 365.0 374.9
1997 12/16/1997 345.0 06/09/1997 498.0 12/31/1997 363.0 397.1

The table below represents Scenario Analysis for the December Platinum(NYM) futures contracts.

ScenarioSM Study for April Platinum(NYMEX) as of Oct 31, 2024
Condition 1: Higher Monthly Close.
Action ---> Buy that month's close with objective of exceeding month's high within 2 months.
Tested Month Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Tested Years   36 36 36 38 42 43 45 45 45 45 45
Closed Higher   17 11 19 20 16 23 24 21 28 26 19
Exceeded High   12 11 13 13 15 19 20 20 25 19 16
Scenario Percentage   71% 100% 68% 65% 94% 83% 83% 95% 89% 73% 84%
Avg Max Increase   5.64% 10.28% 10.51% 12.01% 7.93% 8.87% 13.56% 14.74% 9.68% 9.30% 8.21%
Max Increase   14.45% 44.15% 45.59% 42.20% 23.88% 17.26% 78.46% 45.18% 32.89% 22.55% 14.83%
Avg Days To Max Increase   14 16 13 10 14 19 18 16 15 15 16
Avg Max Decline   -2.08% -1.93% -1.40% -0.46% -1.16% -2.26% -3.91% -3.11% -2.28% -2.43% -1.45%
Max Decline   -7.04% -7.77% -5.66% -2.57% -3.81% -10.60% -11.07% -9.16% -8.76% -9.84% -6.36%
Avg Days to Max Decline   7 8 7 3 4 5 14 12 5 6 3
2025 Contract Condition   Yes       Yes Yes          
Action   No       Yes Not Yet          
Copyright © 1989- Moore Research Center, Inc. All Rights Reserved.
Condition 2: Lower Monthly Close.
Action ---> Sell that month's close with objective of penetrating month's low within 2 months.
Tested Month Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Tested Years   36 36 36 38 42 43 45 45 45 45 45
Closed Lower   19 25 17 18 26 20 21 24 16 19 26
Penetrated Low   15 17 14 12 20 15 15 12 11 13 13
Scenario Percentage   79% 68% 82% 67% 77% 75% 71% 50% 69% 68% 50%
Avg Max Decline   8.49% 7.27% 8.42% 9.76% 8.67% 7.03% 9.50% 9.08% 11.16% 8.65% 3.72%
Max Decline   19.41% 14.87% 14.91% 20.32% 26.64% 17.72% 32.80% 25.33% 41.57% 35.01% 10.16%
Avg Days To Max Decline   19 14 19 19 17 14 19 16 11 11 10
Avg Max Increase   -2.58% -1.79% -3.47% -2.15% -3.76% -2.67% -2.46% -1.93% -2.85% -1.52% -0.97%
Max Increase   -6.06% -9.37% -12.61% -9.49% -12.67% -5.52% -7.84% -6.68% -11.78% -8.00% -2.39%
Avg Days to Max Increase   10 9 11 10 13 9 6 9 7 6 3
2025 Contract Condition     Yes Yes Yes              
Action     Yes Yes Yes              
High 1049.6 1135.7 1087.3 1069.3 1011.2 1038.7 1073.1          
Low 938.6 973.0 981.9 958.1 930.9 920.9 962.6          
Close/Last 979.6 1075.0 1035.4 1009.8 951.8 1000.0 1008.8          

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