Silver Ingot Premiums Near Parity, Sparse Transactions Amid Discounted Offers in Shenzhen Market

Published: Apr 17, 2026 11:31

Save

[SMM Precious Metals Market News] Although mainstream quotations for premiums on silver ingots from the Shanghai area and smelter pick-ups against the SGE Ag(T+D) were near parity today, individual suppliers offered shipments at a discount of 10 yuan/kg. However, actual transactions were sparse. Some market traders mentioned that non-registered brand silver ingots were being dumped at a discount of 50 yuan/kg in the Shenzhen market, impacting the market. Downstream buyers remained cautious and on the sidelines, and purchasing enthusiasm was still poor.

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

1 hour ago

India Suddenly Halted Gold and Silver Imports! 5 mt of Gold + 8 mt of Silver Stuck at Customs

1 hour ago

2 hours ago

Platinum Prices Pull Back Intraday; Spot Market Discount Slightly Widens Amid Sluggish Consumption [SMM Daily Review]

2 hours ago

3 hours ago

Controversial Mega Goldmine Plan Sparks Alarm in Central Otago

A plan by Santana Minerals to build a massive goldmine in Central Otago includes pits up to 1km long and 300m deep. The project could generate around $6 billion and hundreds of jobs, but critics warn of toxic waste, water contamination, and earthquake risks. A fast-track decision is expected later this year.

3 hours ago