Sterling Silver Price Calculator – China
| Current Price (CNY/oz) | Historical Price Trend | Factors Affecting Price | Demand | Supply |
|---|---|---|---|---|
| Current Price (CNY/oz) | Key factors influencing sterling silver prices in China include increased industrial demand, particularly for solar energy, geopolitical factors like tariffs and trade relationships, and fluctuations in global supply dynamics.9 | Current demand for silver in China is significantly high, with imports reaching a three-year high of 390 tons in the last recorded period, and have surged beyond previous import levels; this indicates a strong market presence and demand mainly driven by industrial applications such as renewable energy technologies.10 | The current silver supply situation in China reflects a decrease in domestic production, reported at 3,400 metric tons in 2023, which is down from 3,480 metric tons a year earlier. Despite this decline, imports are significantly rising as China becomes a major player in the international silver market, alongside leading domestic suppliers like Jiangxi Copper and Silvercorp Metals.11 |
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