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.

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Sections:

1. Purpose

2. China’s Solar Silver Supply-Chain

3. What is the Silver Value-Chain?

4. Value-Chain (Sweet Spot) Analysis

5. What Else the Value Chain Says

6. SOLAR CELLS> SOLAR PANELS

7. PASTE>

8. POWDER>

9. Bottom Line: China Not Likely an Exporter

10. Addendum: Not Enough Supply, Too Much Demand

11. About the Authors

12. 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.