Silver Point Premiums in Silver Nitrate Held Steady, Some Enterprises Maintained Slight Discounts

Published: Apr 29, 2026 21:32

Save

[SMM Precious Metals Market News] The silver point premiums in silver nitrate prices remained stable. Although the price spread in silver ingot premiums widened, "invoiced transactions" remained the mainstream trading model in the market. Influenced by factors such as raw material quality and brand requirements, the silver point premiums of some silver nitrate enterprises stayed within the range of -10 yuan/kg to 0 yuan/kg, with no signs of widening discounts.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.hoursAgo

Gold and silver’s historic rally could resume ‘as fog of war lifts’, market watchers say

The rally that propelled gold and silver to record-breaking highs in 2025 could pick up again if a U.S.-Iran peace deal is reached, market watchers told CNBC as prices ticked higher on Thursday.

Common.Time.hoursAgo

May 6, 2026 09:55

Silver price forecasts cut on weaker demand, higher mine supply with June target at $85 from $100

Silver price forecasts across key horizons have been sharply cut by UBS, driven by subdued investment demand, weaker industrial usage, and climbing mine production.

May 6, 2026 09:55

May 5, 2026 17:00

Explosion at Kazzinc Metallurgical Site in Kazakhstan Leaves Two Dead and Five Injured

On May 5th, according to Reuters, an explosion occurred at Kazzinc’s site. Kazzinc said that it occurred during cleaning work on a smoke extraction system, followed by a fire and partial structural collapse. So far, emergency ministry said the fire had been extinguished. Kazzinc, owned by Glencore, has an annual production of roughly 250-300 kt of zinc, 100-150 kt of lead and around 87.5 kt of copper cathode. Kazzinc hasn't disclosed the specific impact. Based on currently available information, the incident mainly involved smoke extraction/dust-collection equipment, may cause temporary disruption to related operations. There is no evidence so far that the main zinc electrowinning line was damaged. Further updates needed on the scope of any cuts or suspensions and the repair timeline.

May 5, 2026 17:00