SHFE Silver Main Contract Sees Discount, Basis with SGE T+D Widens Slightly

Published: Jul 10, 2026 11:48

Save

[SMM Silver Express] According to SMM data, today's SHFE main contract 2608 premium/discount quotes ranged from a discount of RMB 40 to 20/kg. At 10:15, the basis between SHFE silver main contract and SGE T+D widened slightly to RMB 38/kg.

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 for 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

1 hour ago

SMM Silver Ingot Hong Kong Spot Premium Widens to $0.5-0.3/oz Discount Amid Weak Demand

[SMM Silver Express] According to SMM data, this week’s SMM silver ingot Hong Kong spot premium (vs. LBMA silver) stood at a discount of $0.5-0.3/oz, with the discount widening from last week. Hong Kong saw increased shipments amid ample supply, while downstream buying interest remained weak, leading to a broader discount.

1 hour ago

Jul 8, 2026 17:26

Is the sell-off over? Gold and silver may be on the verge of their next breakout

Jul 8, 2026 17:26

Jul 8, 2026 10:59

US Launches Punitive Strikes on Southern Iran, Escalating Tensions in Middle East

[SMM Precious Metal Express] Multiple locations in southern Iran came under US strikes again, with the US military saying it launched a series of "punitive strikes" in response to attacks on merchant vessels in the Strait of Hormuz, adding that the operation "will not end soon." The Middle East situation has escalated sharply.

Jul 8, 2026 10:59