China Dominates Solar Silver
Zerohedge Edit.
Originally posted July, 2023. Reposted in response to current events
Backdrop: Big Picture Trends and Silver
From a high level we know there are secular trends gripping global markets and industry. Here are some of those trends
Commodity Collateral shortages- East to west1
Technology Embargoes- West to east
Supply-Chain Restructuring- Brics and G7
Complexity collapse/ Deglobalization- Globally
Monetary Multipolarity- Globally but agressively by BRICS
Net-Zero Energy Transition- Globally but by G7 aggressively
These backdrop issues serve to exacerbate the emerging problem surrounding our global Silver Supply/Demand imbalances.
Therefore, a healthy examination of China's Photovoltaic (Solar) industry can give insight into how these emerging trends are manifesting in Silver itself.
Sections:
Purpose
China’s Solar Silver Supply-Chain
What is the Silver Value-Chain?
Value-Chain (Sweet Spot) Analysis
What Else the Value Chain Says
SOLAR CELLS> SOLAR PANELS
PASTE>
POWDER>
Bottom Line: China Not Likely an Exporter
Addendum: Not Enough Supply, Too Much Demand
About the Authors
Original PDFs
1- Purpose
Having gotten somewhat of a handle on Silver supply, the purpose of this piece is to break down China’s Solar Supply-Chain to better understand where demand trends. In doing so we will also answer a question surrounding trends in China’s import/export matrix. Part 1 was entitled Not All Silver is the Same.