Silver Spot Market Discrepancies Intensify as Month-End Approaches

Published: Jul 28, 2025 12:00
SMM learned that as the month-end approached, discrepancies in spot quotations among suppliers intensified. In the silver spot market, some suppliers adopted a pricing strategy of expanding discounts to quickly sell off their inventory. In the morning session, over 10 mt of spot silver were rapidly traded at SGE TD discount prices. However, the mainstream quotations in the market remained stable, maintaining a premium of 2-3 yuan/kg over SGE TD.

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SMM learned that as the month-end approached, discrepancies in spot qu - Shanghai Metals Market (SMM)