Pt & Pd Prices and Value Dates
About
The Platinum and Palladium Fixes refer to benchmark pricing mechanisms for platinum and palladium.
These fixes are used in the precious metals markets to establish a reference price for these metals.
Responsible Sourcing
Intended to assure investors and consumers that all LPPM Good Delivery metal is conflict-free due to compliance with an audited, conflict-free process.
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Good Delivery
Good Delivery Lists
To facilitate trading among members, a list of acceptable Refiners is maintained by the London Platinum and Palladium Market (LPPM). This is known as The London/Zurich Good Delivery List.
This list of Good Delivery refiners of platinum and palladium plates and ingots has been developed and is maintained by the LPPM in order to facilitate the international distribution and acceptability of standard plates and ingots produced by those refiners.
Sponge Accreditation Rules
Sponge Accreditation Lists
Sponge Accreditation
Due to requests from Good Delivery (GD) refiners the LPPM has introduced Platinum, Palladium and Rhodium Sponge Accreditation lists to run alongside the current GD bar lists. All refiners currently on the GD bar lists will be entitled to be added to the Sponge Accreditation lists if they so wish.
Refiners not currently on the GD bar lists can apply for sponge accreditation only. The process for sponge accreditation is similar to the full GD bar application process.
LPPM Membership
The London Platinum and Palladium Market oversees the London Good Delivery Lists, Responsible Sourcing, and Sponge Accreditation for platinum and palladium.
Joining the LPPM can offer several benefits for market participants.
News and announcements from the LPPM
24 June 2026
ICE Benchmark Administration Limited (IBA) will begin administering the LBMA Platinum and Palladium Price auctions and benchmarks from 1 July 2026
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28 April 2026
The London Platinum and Palladium Market (the “LPPM”), through its Responsible Sourcing Review Committee (the “RSRC”), announced the publication of Version 5 of its Responsible Platinum / Palladium Guidance (the “Guidance”) in November 2024.
Tags: responsible-sourcing
22 April 2026
ITP Co., Ltd., China, has successfully completed all the relevant criteria to be admitted to the LPPM’s Platinum List of Good Delivery Refiners
Tags: responsible-sourcingSponge AccreditationGood Delivery
22 December 2025
Metalor Precious Metals (Suzhou) Co., Ltd., China, has successfully completed all the relevant criteria to be admitted to the LPPM’s Platinum List of Good Delivery Refiners.
Tags: responsible-sourcingGood Delivery
03 November 2025