Producers / Merchants
−11,759 net contracts
+210 vs. prior week · −18.0% of OI
Movement (6 wk): −1
Producers, merchants, processors and users hedging physical business – the classic commercials. They tend to buy weakness and sell strength.
NYMEX · Metals · Futures
NYMEX Platinum (PL): 50 troy ounces, physically delivered, traded nearly 24 hours a day on CME Globex.
Source: CME Group contract specifications · reviewed Sep 30, 2026
| Contract | Roll date | First notice | Last trading day | Days left |
|---|---|---|---|---|
| PLV26 Oct 2026 | Fri, Sep 25, 2026 | Wed, Sep 30, 2026 | Wed, Oct 28, 2026 | 29 |
| PLF27 Jan 2027 Active | Mon, Dec 28, 2026 | Thu, Dec 31, 2026 | Wed, Jan 27, 2027 | 120 |
| PLJ27 Apr 2027 | Thu, Mar 25, 2027 | Wed, Mar 31, 2027 | Wed, Apr 28, 2027 | 211 |
| PLN27 Jul 2027 | Fri, Jun 25, 2027 | Wed, Jun 30, 2027 | Wed, Jul 28, 2027 | 302 |
| PLV27 Oct 2027 | Mon, Sep 27, 2027 | Thu, Sep 30, 2027 | Wed, Oct 27, 2027 | 393 |
| PLF28 Jan 2028 | Tue, Dec 28, 2027 | Fri, Dec 31, 2027 | Thu, Jan 27, 2028 | 485 |
Roll. The date shown is three business days before first notice, when speculators roll to the next active month.
First notice day. Last business day of the month before the contract month. Longs can be assigned delivery from here on – brokers usually require longs to be closed or rolled before this date.
Last trading day. Third last business day of the contract month.
US exchange holidays ahead: Nov 26 · Dec 25 · Jan 1 · Jan 18 · Feb 15 · Mar 26 · May 31 · Jun 18
Calculated from exchange rules and the US exchange holiday calendar. Confirm with the CME Group expiration calendar.
| Session | Eastern (ET) | Central (CT) | Your time |
|---|---|---|---|
| CME Globex (electronic) | Sun–Fri 6:00 p.m. – 5:00 p.m. | Sun–Fri 5:00 p.m. – 4:00 p.m. | – |
| Daily maintenance break | Mon–Thu 5:00 – 6:00 p.m. | Mon–Thu 4:00 – 5:00 p.m. | – |
Holiday hours differ – check the exchange holiday calendar before trading around US holidays. ET is New York time, CT is Chicago time (always one hour behind ET).
| Contract | Maintenance |
|---|---|
| PLV26 Oct 2026 | $7,759 |
| PLF27 Jan 2027 Active | $7,852 |
| PLJ27 Apr 2027 | $7,946 |
| PLN27 Jul 2027 | $8,031 |
Exchange margins are the minimum your clearing firm must collect for positions held overnight. Brokers may require more – and usually offer much lower day-trading margins for positions closed before the session ends. A neutral broker day-margin comparison is coming soon.
−11,759 net contracts
+210 vs. prior week · −18.0% of OI
Movement (6 wk): −1
Producers, merchants, processors and users hedging physical business – the classic commercials. They tend to buy weakness and sell strength.
−8,002 net contracts
−162 vs. prior week · −12.2% of OI
Movement (6 wk): −4
Swap dealers – banks hedging OTC swaps, including commodity index money. Often structurally positioned; read against their own range, not the sign.
+9,928 net contracts
+956 vs. prior week · +15.2% of OI
Movement (6 wk): +4
Managed money – CTAs, commodity pools and hedge funds. Trend followers; their positioning tends to peak near turning points.
| Group | Long | Short | Net | Δ 1 wk | Δ 4 wk | Index 26 wk | Index 3 yr | Move 6 wk |
|---|---|---|---|---|---|---|---|---|
| Producers / Merchants | 3,347 | 15,106 | −11,759 | +210 | +369 | 58 | 90 | −1 |
| Swap Dealers | 15,590 | 23,592 | −8,002 | −162 | −550 | 61 | 14 | −4 |
| Managed Money | 19,190 | 9,262 | +9,928 | +956 | −300 | 36 | 61 | +4 |
| Other Reportables | 7,816 | 2,378 | +5,438 | −810 | +280 | 50 | 36 | −2 |
| Nonreportables | 7,823 | 3,428 | +4,395 | −194 | +201 | 38 | 49 | −6 |
| Group | Long | Short | Net | Δ 1 wk | Δ 4 wk | Index 26 wk | Index 3 yr | Move 6 wk |
|---|---|---|---|---|---|---|---|---|
| Commercials | 20,885 | 40,646 | −19,761 | +48 | −181 | 61 | 55 | −3 |
| Non-Commercials | 27,006 | 11,640 | +15,366 | +146 | −20 | 41 | 49 | +5 |
| Nonreportables (small) | 7,823 | 3,428 | +4,395 | −194 | +201 | 38 | 49 | −6 |
| Report date | Producers / Merchants | Swap Dealers | Managed Money | Other Reportables | Nonreportables | Open interest |
|---|---|---|---|---|---|---|
| Sep 22, 2026 | −11,759 | −8,002 | +9,928 | +5,438 | +4,395 | 65,373 |
| Sep 15, 2026 | −11,969 | −7,840 | +8,972 | +6,248 | +4,589 | 65,478 |
| Sep 8, 2026 | −12,343 | −7,505 | +9,787 | +6,189 | +3,872 | 67,810 |
| Sep 1, 2026 | −12,216 | −7,089 | +8,685 | +6,315 | +4,305 | 68,059 |
| Aug 25, 2026 | −12,128 | −7,452 | +10,228 | +5,158 | +4,194 | 64,648 |
| Aug 18, 2026 | −11,071 | −6,486 | +7,214 | +5,825 | +4,518 | 60,129 |
| Aug 11, 2026 | −11,400 | −7,014 | +7,718 | +5,822 | +4,874 | 56,771 |
| Aug 4, 2026 | −11,155 | −7,287 | +10,960 | +3,801 | +3,681 | 55,848 |
| Jul 28, 2026 | −9,599 | −6,552 | +6,526 | +5,109 | +4,516 | 53,658 |
| Jul 21, 2026 | −9,314 | −7,465 | +6,223 | +6,261 | +4,295 | 53,721 |
| Jul 14, 2026 | −9,170 | −8,416 | +8,266 | +5,482 | +3,838 | 53,837 |
| Jul 7, 2026 | −9,239 | −8,463 | +7,585 | +6,287 | +3,830 | 53,645 |
Source: CFTC Public Reporting Environment · contract market code 076651 (PLATINUM - NEW YORK MERCANTILE EXCHANGE)
Before commissions and exchange fees. Prices round to the nearest tick of 0.10.
One tick is $0.10 per troy ounce, worth $5.00 per contract. A $1.00 move is worth $50.
January, April, July and October.
The COT Index places a group's current net position within its own range over a lookback window: 100 = the most net long in that window, 0 = the most net short. It measures positioning extremes, not timing.