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SMM Silver Market Flash: May 2025 Domestic Silver Production Up 3.81% MoM, June Supply Outlook Mixed

Published: Jun 3, 2025 13:40
[SMM Silver Market Flash] In May 2025, SMM's domestic silver production increased by 3.81% MoM, primarily due to the resumption of production at smelters in north-west China and east China following maintenance. Looking ahead to June, the supply side of spot silver ingots is expected to see a mix of maintenance and resumption, with production anticipated to remain flat or increase slightly compared to May.

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.

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