Silver prices fluctuated rangebound on March 6 [SMM Daily Comment]

The silver prices opened at $23.63 per ounce today. The average ex-factory price SMM 1# silver in the morning session stood at 6075 yuan/kg, down 1 yuan/kg or 0.02% compared with yesterday. According to SMM, premium for large-volume order national standard silver ingots in Shanghai was 0 -2 yuan/kg, and the quotation of spot silver ingots from large producers was 3-4 yuan/kg with cash payment. Consumption was weak.