Crossing Meridians: Futures Markets and the Trading and Hedging Landscape for PGMs

Date: Monday, 18 May 2026
Venue: Argyll Room & Terrace, 4 Hamilton Place, London W1J 7BQ
Time: 8:30 for 9:00 AM

  • 9:00 AM-11:00 AM (Panel 9:00-10:00)
  • Networking 10:00-11:00

In recent months, the platinum market has undergone a dramatic transformation — shifting from years of subdued pricing to a period of sharp and unexpected repricing. What was once seen as a structurally undervalued metal, despite persistent supply deficits and strengthening demand, has rapidly captured the attention of global markets. This session brings together leading voices from exchanges, trading desks, and industry participants to unpack not only why this shift has occurred, but how evolving futures market structures have accelerated and amplified it. As new contracts, participants, and trading dynamics reshape the landscape, understanding the mechanics behind price formation is no longer optional — it is essential for anyone operating in the platinum group metals space today

Speakers

Zhuoying Jing,
Global Head of Business, China Platinum Company (“CPC”)

Zhuoying joined CPC at the end of 2024, where she focuses on supporting the Company’s expansion of its international platform and the development of sustainable partnerships and networks. She is a member of our board, assisting in steering the Women in PGM global network, as well as the establishment and development of our Asian chapter and the engagement and growth of our members in Asia.

Previously Zhuoying worked at Gerald Metals for 27 years where she traded both base and precious metals across the world, ultimately heading the global precious metals desk.

Junlu Liang
Senior Analyst, Metals Focus

Junlu has 18 years’ precious metals experience and is responsible for research in Europe, the official sector and PGM chemical and petroleum demand. Junlu also covers all the investment datasets for the precious metals. Junlu previously worked for GFMS undertaking official sector and investment research.

Yang Lu
Senior Director Metals Products, CME Group

Yang is responsible for the Exchange’s Precious Metals business in EMEA, including managing futures and options products on COMEX & NYMEX and developing and executing precious metals business strategy. Yang has been working for CME Group since 2014 in London. Prior to joining CME Group, Yang worked as a Metals Analyst at Thomson Reuters GFMS for four years, with a focus on demand analysis across the base metals markets. Yang holds an MSc in Development Studies from the London School of Economics and a BSc in Economics from Zhejiang University in China. Yang is a Chartered Financial Analyst (CFA).

Yang Rui
Senior Analyst, Research Institute of Guotai Junan Futures

With seven years of in-depth research experience in platinum and palladium markets. She gained solid industrial fundamental analysis capabilities and practical market insights for PGM, specializes in market analysis, arbitrage strategy development, and actionable trading solutions for platinum and palladium contracts launched on the Guangzhou Futures Exchange.