Shanghai Futures Exchange Silver Supply Drops to 412.49 Tons

CEIC data indicates a decline in physical silver stock at the Shanghai Futures Exchange from 423.24 tons to 412.49 tons, reflecting tightening supply dynamics in China's metals market.

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Terms & Concepts
  • Shanghai Futures Exchange (SHFE): A major commodities exchange in China where futures contracts for metals, energy, and other materials are traded.
  • CEIC Data: A global data provider offering macroeconomic and commodity information, including China's financial and metals market statistics.
  • Physical Silver Supply: The actual amount of silver available for delivery or settlement in futures markets, influencing spot and futures prices.