Platinum Futures Contract Specifications
PL · NYMEX · one contract = 50 troy oz
Platinum futures (PL) trade on NYMEX in 0.1-increment ticks worth $5.00 per contract; a full 1.0-point move is $50.00. One contract covers 50 troy oz.
Specification table
| Name | Platinum |
| Exchange | NYMEX |
| Ticker symbol | PL |
| Contract unit | 50 troy oz |
| Tick size | 0.1 |
| Tick value | $5.00 |
| Point value | $50.00 |
| CFTC contract code | 076651 |
| COT report families | legacy, disagg |
Worked tick math
A 10-tick move on 1 Platinum contract (PL) is $50.00 — tick size 0.1 × tick value $5.00. A 1-point move is 10 ticks = $50.00. Ten contracts moving 5 ticks = $250.00.
Run your own numbers: Platinum futures calculator.
Positioning: large speculators are net long 12,484 contracts as of the 2026-07-21 COT report — full Platinum COT data.
FAQ
- What is the tick size and value of Platinum futures?
- Platinum (PL, NYMEX) moves in 0.1 increments worth $5.00 per contract.
- What does one PL contract cover?
- One contract covers 50 troy oz.
- How much is a full point on PL?
- $50.00 — tick value ÷ tick size.
Related
Platinum COT report
Platinum calculator
Platinum COT history (CSV)
All contract specs
All calculators
Specs verified against exchange sources 2026-07-25; the exchange's own contract page is always authoritative. Not investment advice.