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Shouchuang Futures: The US and Iran show signs of a "ceasefire" willingness, platinum and palladium open significantly higher
Both Iran and the U.S. have expressed a willingness to “cease fire,” and today platinum and palladium opened sharply higher, with gains exceeding 3%. However, they later showed a high open and a retreating trend. Currently, the so-called “ceasefire” between the two sides may still be a preliminary test, with crude oil prices above $100, few commercial ships in operation, and the market facing inflationary shocks. The demand for platinum and palladium is also affected to some extent, with limited room for upward rebound due to downward pressure. (First Capital Futures)