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Base Price and trading disclaimer

We, Johnson Matthey Plc and our group companies, trade in precious metals products for our own account to secure supply for our commercial operations and for related purposes. We do not provide “investment services” in relation to “financial instruments” (each as defined under the Markets in Financial Instruments Directive 2014/65/EU (MiFID II) including without limitation, hedging services, execution or market access services or investment advisory services.

Nothing on this website or in any communication from Johnson Matthey Plc (or any of our group companies) is intended as providing advice or recommendations of any kind (including, without limitation, as to investment decisions or strategies, tax matters or accounting treatments) and no reliance should be placed on any such communication.

Trading relationships will be subject to prior completion of applicable due diligence and, unless agreed otherwise in writing, to the opening of a metal account with us.

JM Base Price information

The Johnson Matthey Base Prices (the “Prices”) are the company’s quoted offer prices for our customers of wholesale quantities of platinum group metals set by our trading desks in the USA, Hong Kong and the UK. The Prices reflect Johnson Matthey’s current view of prevailing market prices and may take into account Johnson Matthey’s view on current market bids and offers. The Prices are for metal in sponge form with minimum purities of 99.95% for platinum and palladium, and 99.9% for rhodium, iridium and ruthenium. The Prices are the property of Johnson Matthey Plc.

The Prices are published for illustrative and information purposes only. While Johnson Matthey Plc makes every effort to ensure the quality of the Prices, Johnson Matthey Plc does not warrant as to their accuracy and disclaims liability for any loss or damage incurred by any party relying on this data. In publishing the Prices, Johnson Matthey Plc does not engage or intend to engage in the administration of a benchmark. Nor does it market, directly or indirectly, the Prices for use as benchmarks within the meaning of Regulation (EU) 2016/1011 on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds. Any use of the Prices without the prior consent of Johnson Matthey Plc is prohibited. Johnson Matthey Plc reserves all rights in respect of the Prices.