[SMM Silver Market Update] Post-Holiday Silver Ingot Spot Supply Tightens, Premiums Edge Up

Published: Feb 24, 2026 21:57

Save

[SMM Silver Market Update] On February 24, SMM reported that the tight supply of silver ingots in the domestic spot market has persisted after the Chinese New Year. Suppliers showed strong willingness to hold prices firm, and spot premiums rose slightly compared to pre-holiday levels. During the morning session, mainstream transaction prices for standard silver ingots were at a premium of 1,800-2,000 yuan/kg over the Shanghai Gold Exchange silver deferred contract (Ag(T+D)); spot orders for less than 100 kg commanded even higher premiums.

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

3 hours ago

Silver Prices Continue to Hold Up Well, Market Trading Slightly Quieter [SMM Daily Review]

3 hours ago

5 hours ago

The Scale of Canada's Bald Mountain Antimony Mine Further Expands

5 hours ago

17 hours ago

US Startup Launches TOPCon Backside Copper Paste, Breaks Through Co-sintering Technology Bottleneck in Ambient Air

On February 19, 2026, US startup Bert Thin Films (BTF) announced the launch of its new-type copper paste product, CuBert™, specifically designed for the backside metallization of TOPCon solar cells. The technology achieved two major breakthroughs: first, it enables screen printing and sintering to be completed in ambient air without the need for inert gas protection; second, it allows for one-step co-firing with commercially available front-side silver paste, demonstrating strong process compatibility.

17 hours ago