According to SMM, the premiums and discounts for spot silver ingot warrants in Shanghai today remained at +4 to +5 yuan/kg, while the premiums for large manufacturers' silver ingots were +6 to +8 yuan/kg. The tight supply situation in Shenzhen has not improved. Silver prices weakened slightly today, and spot premiums remained stable. Downstream buyers actively inquired and made purchases, but the market supply was relatively limited. Some traders suspended quotations after their inventories were sold out, and market transactions improved slightly compared to yesterday.
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![Silver Prices Continue to Pull Back, Suppliers Remain Reluctant to Sell, Spot Market Premiums Hard to Decline [SMM Daily Review]](https://imgqn.smm.cn/usercenter/LVqfJ20251217171736.jpg)
