The platinum market posted another new low for the move overnight, which puts the July platinum contract down to the lowest level since January 13th. Many traders feel the fundamental outlook for platinum remains negative after disappointing Chinese trade data. As in silver and gold, many traders feel that one economic number doesn't look to be capable of instantly improving global economic sentiment and that any chance for a sustained recovery in platinum will require monetary easing action from either the Federal Reserve or the People's Bank of China.