SMM Notice of 2017 May Day Holiday

According to China customs data, in August 2026, China imported approximately 8.11 tonnes of unwrought platinum and platinum powder, down 2.87% month-on-month and up 11.55% year-on-year. In August 2026, imports of unwrought palladium and palladium powder stood at about 3.35 tonnes, up 12.04% month-on-month and 73.58% year-on-year.

[SMM Silver Express] Customs data shows China's exports of 99.99% unwrought silver reached 405.98 tonnes in August 2026, up 15.8% month-on-month but down 0.6% year-on-year; cumulative exports for January-August reached 3,031.51 tonnes, down 2.6% year-on-year. August imports were 66.24 tonnes, up 74.3% month-on-month; cumulative imports for January-August reached 951.39 tonnes. Silver ore and concentrate imports reached 266,055.59 tonnes in August, up 24.47% month-on-month and 39% year-on-year; cumulative imports for January-August reached 1.6444 million tonnes, up 36.6% year-on-year.

Implats’ 2010–2025 operating record shows why higher output does not always mean stronger profits. Metal prices, operating disruptions, acquisitions and currency movements shaped performance. Palladium and rhodium prices fell sharply after FY2021. FY2026 results show a recovery, but lasting strength depends on safe operations, reliable processing, disciplined costs and converting metal into cash, rather than relying on favourable prices alone.