Silver market report February 2013
2013-03-19 15:22:05 【Print】
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Contents
Abstract 1
1 Financial Overview 1
1.1 domestic finance and economics 1
1.1.1 CIP up by 1.2, PPI down by 1.6% y-o-y in January 1
1.1.2 Chinese PMT above the critical point in the fifth consecutive month 2
1.2 International financial overview 3
1.2.1 International crude oil futures price hikes and drop in February 3
1.2.2 European debt remains in a shadow US dollar index sees strong rebounds 4
1.2.3 Nonferrous metals prices to keep fluctuating with more global labile factors 5
2 Company news 6
3 Chinese domestic market reviews 7
3.1 Silver price down by 4.5% MOM in February 7
3.2 Silver price consolidates at low level, deals thin 7
4 International Market review 8
4.1 The US dollar goes strong and Loco London Silver backs to bottom of 7 months 8
4.2 Gold ETF inventory decreases sharply and silver ETF inventory increases steadily 8
5 Production data 9
5.1 Chinese major silver smelters’ production in February down by 14.5% MOM 9
6 Import & Export data analysis 10
6.1 Chinese silver import up by 14.2% in January MOM 10
6.2 Chinese palladium import up by 34.7% in January MOM 11
6.3 Chinese silver powder import up by 2.5% in January MOM 11
6.4 Chinese platinum import down by 13.8% in January MOM 11
6.5 Chinese silver ore and concentrate import up by 67.54% in January 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 January 12
8 Outlooks for February 13
Picture
Figure 1 Chinese CPI and PPI during 2011-2013 2
Figure 2 Chinese PMI during 2011-2013 3
Figure 3 Futures price of US crude oil in dominant contracts in February 4
Figure 4 US dollar index 5
Figure 5 Silver prices in February 2013 7
Figure 6 Loco London Silver trend in December 8
Figure 7 Gold inventory of 8 main ETFs in global 9
Figure 8 Silver inventory of iShare Silver trust 9
Abstract 1
1 Financial Overview 1
1.1 domestic finance and economics 1
1.1.1 CIP up by 1.2, PPI down by 1.6% y-o-y in January 1
1.1.2 Chinese PMT above the critical point in the fifth consecutive month 2
1.2 International financial overview 3
1.2.1 International crude oil futures price hikes and drop in February 3
1.2.2 European debt remains in a shadow US dollar index sees strong rebounds 4
1.2.3 Nonferrous metals prices to keep fluctuating with more global labile factors 5
2 Company news 6
3 Chinese domestic market reviews 7
3.1 Silver price down by 4.5% MOM in February 7
3.2 Silver price consolidates at low level, deals thin 7
4 International Market review 8
4.1 The US dollar goes strong and Loco London Silver backs to bottom of 7 months 8
4.2 Gold ETF inventory decreases sharply and silver ETF inventory increases steadily 8
5 Production data 9
5.1 Chinese major silver smelters’ production in February down by 14.5% MOM 9
6 Import & Export data analysis 10
6.1 Chinese silver import up by 14.2% in January MOM 10
6.2 Chinese palladium import up by 34.7% in January MOM 11
6.3 Chinese silver powder import up by 2.5% in January MOM 11
6.4 Chinese platinum import down by 13.8% in January MOM 11
6.5 Chinese silver ore and concentrate import up by 67.54% in January 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 January 12
8 Outlooks for February 13
Picture
Figure 1 Chinese CPI and PPI during 2011-2013 2
Figure 2 Chinese PMI during 2011-2013 3
Figure 3 Futures price of US crude oil in dominant contracts in February 4
Figure 4 US dollar index 5
Figure 5 Silver prices in February 2013 7
Figure 6 Loco London Silver trend in December 8
Figure 7 Gold inventory of 8 main ETFs in global 9
Figure 8 Silver inventory of iShare Silver trust 9
