China Silver Premium Update

Concentrate, Dore, and China's Insatiable Appetite

Chris Marcus of @ArcadiaEconomic and Vince were on a call yesterday brokered by Chris with a global Silver mining industry player. The discussion, among other things touched on China's Silver premium to Comex.

We discussed, Dore, Concentrate, China's Bilateral Trade approach, growing Chinese/LATAM FDI, the Peso rally, and the need for Silver to be listed as a Critical metal..

Look for something this weekend on GoldFix, which sheds more light on the reason for the price differential not just at exchange level, but at mining levels, as well as how China is satisfying its appetite amidst shrinking domestic mine supply. Cheers

We will also be discussing this report from last month (re-attached at bottom)

Cpm Group Market Commentary 2024 02, Chinese Silver Prices Part One 2024 06 10- PDF