SHANGHAI, Feb 9 (SMM) - The domestic silver nitrate plants with qualification certificates together produced 535 mt of silver nitrate in January, down 14.4% from a month earlier. The total output of silver nitrate nationwide reached 563 mt.
In general, the output across all silver nitrate producer contracted in January mainly because of the closure during CNY holiday. According to SMM survey, most producers received excessive orders before the holiday thanks to the thriving downstream demand. Therefore, SMM estimates that the silver nitrate output in February will go up.
