Silver market report March 2013
2013-04-23 11:51:48 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
Please contact us for a subscription.
Please contact us for a subscription.
Contents
Abstract 2
1 Financial overview 3
1.1 Domestic financial overview 3
1.1.1 CPI up by 3.2% in February y-o-y, a new record in the past 10 months 3
1.1.2 Higher PMI in China 3
1.2 Global financial overview 4
1.2.1 International oil futures rebounding surprisingly in March 4
1.2.2 European debt crisis and QE of Japanese Yen pushing up US dollar in March 5
1.2.3 Worsening Cyprus’ crisis hitting nonferrous metals market 6
2 Company news 7
3 Chinese domestic market reviews 7
3.1 Silver price keeps dropping in March 7
3.2 Silver price keeps dropping, deals thin 8
4 International Market review 8
4.1 The US dollar goes strong with recovery of US economy and Loco London Silver fluctuated between a narrow range 8
4.2 Gold ETF inventory decreases sharply and silver ETF inventory increases with fluctuation 8
5 Production data 10
5.1 Chinese major silver smelters’ production in March up by 9.8% MOM 10
6 Import & Export data analysis 11
6.1 Chinese silver import down by 27.7% in February MOM 11
6.2 Chinese palladium import down by 30.12% in February MOM 12
6.3 Chinese silver powder import down by 13.49% in February MOM 12
7 Related industry developments 12
7.1 New consumption market immature Silver nitrate buyers’ market sluggish 12
7.2 Anode mud deals thin in March 13
8 Outlooks for April 13
Picture
Picture 1 Chinese CPI and PPI 3
Picture 2 Chinese PMI 4
Picture 3 Prices trend of US oil futures main contracts 5
Picture 4 US dollar index trend 6
Picture 5 Silver prices in February 2013 7
Picture 6 Loco London Silver trend in March 8
Picture 7 Gold inventory of 8 main ETFs in global 9
Picture 8 Silver inventory of iShare Silver trust 10
Picture 9 Silver production of main smelters in China March 2013 11
Abstract 2
1 Financial overview 3
1.1 Domestic financial overview 3
1.1.1 CPI up by 3.2% in February y-o-y, a new record in the past 10 months 3
1.1.2 Higher PMI in China 3
1.2 Global financial overview 4
1.2.1 International oil futures rebounding surprisingly in March 4
1.2.2 European debt crisis and QE of Japanese Yen pushing up US dollar in March 5
1.2.3 Worsening Cyprus’ crisis hitting nonferrous metals market 6
2 Company news 7
3 Chinese domestic market reviews 7
3.1 Silver price keeps dropping in March 7
3.2 Silver price keeps dropping, deals thin 8
4 International Market review 8
4.1 The US dollar goes strong with recovery of US economy and Loco London Silver fluctuated between a narrow range 8
4.2 Gold ETF inventory decreases sharply and silver ETF inventory increases with fluctuation 8
5 Production data 10
5.1 Chinese major silver smelters’ production in March up by 9.8% MOM 10
6 Import & Export data analysis 11
6.1 Chinese silver import down by 27.7% in February MOM 11
6.2 Chinese palladium import down by 30.12% in February MOM 12
6.3 Chinese silver powder import down by 13.49% in February MOM 12
7 Related industry developments 12
7.1 New consumption market immature Silver nitrate buyers’ market sluggish 12
7.2 Anode mud deals thin in March 13
8 Outlooks for April 13
Picture
Picture 1 Chinese CPI and PPI 3
Picture 2 Chinese PMI 4
Picture 3 Prices trend of US oil futures main contracts 5
Picture 4 US dollar index trend 6
Picture 5 Silver prices in February 2013 7
Picture 6 Loco London Silver trend in March 8
Picture 7 Gold inventory of 8 main ETFs in global 9
Picture 8 Silver inventory of iShare Silver trust 10
Picture 9 Silver production of main smelters in China March 2013 11
