SMM Silver Market Flash: TD Premiums Decline, Inventory Rebound Expected

Published: Jun 10, 2025 10:44

Save

[SMM Silver Market Flash News] According to SMM, the TD premiums for spot cash-settled national standard silver ingot warrants in the Shanghai region have decreased to near parity, while the TD premiums for silver ingots from large-scale producers have also decreased to 2-5 yuan/kg. Except for a few suppliers in the Shenzhen region who are selling their unilateral speculative silver ingot supplies at a discount of 5-10 yuan/kg against TD, most suppliers have shown a clear intention to deliver and transfer their inventories. It is expected that the social inventory of silver ingots in China may rebound slightly this week.

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

Feb 6, 2026 17:46

This Week, Platinum and Palladium Experienced Significant Pullbacks, End-Use Demand Recovered, and Spot Market Trading Was Normal [SMM Platinum and Palladium Weekly Review]

Feb 6, 2026 17:46

Feb 6, 2026 12:00

Silver Prices Continue to Pull Back, Suppliers Remain Reluctant to Sell, Spot Market Premiums Hard to Decline [SMM Daily Review]

Feb 6, 2026 12:00

Feb 6, 2026 09:27

A gold and silver reset, not a reversal

Gold and silver have recovered part of their recent losses following one of the sharpest corrections seen in precious metals in over a decade

Feb 6, 2026 09:27