Blockchain Registration Transaction Record
China to Reveal Platinum Stockpile Data in Market Transparency Push
China plans to publish platinum and palladium stockpile data through Guangzhou Futures Exchange, enhancing market transparency for these critical industrial metals amid tightening global supply conditions.
This development matters because platinum and palladium are critical industrial metals used in automotive catalytic converters, electronics, and green technologies. China's decision to publish inventory data represents a major shift toward market transparency that could stabilize prices, reduce volatility, and provide better supply chain visibility for manufacturers and investors worldwide. As global demand for these metals grows amid the energy transition, reliable data from the world's largest commodity consumer will help industries make more informed decisions about sourcing, pricing, and inventory management, potentially reducing costs for consumers and improving market efficiency across multiple sectors from automotive to renewable energy.
| Blockchain | Details |
|---|---|
| Contract Address | 0xeA2912a8DA1CD48401b10cB283585874d98098F4 |
| Transaction ID | 0x5e70703360df6896ce6f2f9cae4d68db5ee1b138078389fa173973fe1e7c5c6c |
| Account | 0xdBdE7c76e403a5923F3dD4F050Dbbf5c2077BB20 |
| Chain | polygon-main |
| NewsRamp Digital Fingerprint | airyydoe-2d5095fd9c0f6cb7c1ce1e913ce1ab15 |