Platinum

Platinum is a chemical element; it has symbol Pt and atomic number 78. It is a dense, malleable, ductile, highly unreactive, precious, silverish-white transition metal. Its name originates from Spanish platina, a diminutive of plata “little silver”.It is one of the rarer elements in Earth’s crust, with an average abundance of approximately 5 μg/kg. Platinum is used in catalytic converters, laboratory equipment, electrical contacts and electrodes, platinum resistance thermometers, dentistry equipment, and jewelry.

Description

Contract Specifications Abstract

1. Platform: Unilink Sino-Malaysia

2. Basic Requirements

Product Name	Industrial Platinum
Packing Requirements	Each platinum ingot should be wrapped in clean paper or plastic film. The net weight of a single platinum ingot must be 500 grams, 1000 grams, 2000 grams, 3000 grams, 4000 grams, 5000 grams, or 6000 grams.
Delivery Location/Delivery Warehouse	For details, refer to the company website.
Other Delivery Requirements	1. The weight of each platinum ingot is measured individually, with the weight determined by actual weighing, accurate to 0.01g. 2. Weight tolerance: The weight tolerance for each ingot should not exceed ±0.2 grams.
Trading Unit	1g	Delivery Units：	1000g
Supplementary Agreements	1. Due to the time required for testing, the platinum ingots must be stored in the warehouse at least 10 working days before the trading deadline to avoid default. 2. Warehouse testing: 1) When traders’ products are being entered into the warehouse, and being registered as pending‑delivery inventory, the traders will be required to pay the testing and remelting fees. 2) For products delivered by manufacturers with brands that are registered and certified with our company, we will waive the testing fee.

3. Quality Standards

1. Platinum Ingots: The platinum ingots must comply with the IC-Pt99.95 specifications as stated in the GB/T37653-2019 standard, with a platinum content of no less than 99.95%. The grade is IC-Pt99.95. Alternatively, the platinum ingots must be standard physical products produced by suppliers recognized by the London Platinum and Palladium Market (LPPM), the Tokyo Commodity Exchange, the New York Mercantile Exchange, or other suppliers deemed qualified by our company.

2. Appearance Quality: The platinum ingots must be rectangular in shape, with a flat and clean surface. The edges and corners should be intact, without burrs or sharp edges. The ingots must be free from cavities, layers, cracks, and inclusions. The surface of the platinum ingots must be engraved with a clear brand mark and product number.

3. Quality Certificate: A manufacturer’s quality assurance certificate must be provided for each batch of products.

4. Inspection Requirement: Each batch of products must pass remelting inspection by Unilink before it can be involved in purchase and sale transactions.