Silver Prices Rise Slightly on December 26 [SMM Daily Review]

Today, silver prices continued to rise slightly. The opening price of spot silver was $29.517 per ounce, and the SMM 1# silver ex-factory reference average price in the morning was 7,579 yuan per kilogram, an increase of 14 yuan per kilogram compared to yesterday, with a growth rate of 0.1%. According to SMM, major factories in Shanghai quoted 2 yuan per kilogram today. Most trading enterprises were preparing to close their accounts, leading to a relaxed market sentiment. Procurement and sales pressure were relatively small, with cheaper goods selling relatively easily, while goods with higher quotes faced greater difficulty in sales.
Silver Paste: The reference average price for solar cell rear-side silver paste was 4,944-5,044 yuan per kilogram; for solar cell busbar front-side silver paste, it was 7,462-7,562 yuan per kilogram; and for solar cell finger front-side silver paste, it was 7,512-7,612 yuan per kilogram. Downstream enterprises gradually began their holidays in January, resulting in relatively relaxed market production arrangements.

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