Shanghai Futures Exchange Silver Inventory Drops Over 31 Tons
CEIC data shows physical silver supply on the Shanghai Futures Exchange fell from 349.9 to 318.54 tons, indicating reduced market availability.
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Terms & Concepts
- Shanghai Futures Exchange (SHFE): A major Chinese commodities exchange that offers futures contracts for metals, energy, and other bulk goods.
- Physical silver supply: The actual quantity of silver physically stored and deliverable through an exchange, as opposed to paper or derivative holdings.