China’s Dip in Silver Demand in April Does not Reveal Whole Picture

Mineweb reported that, although Chinese demand for silver fell hard in April, there is context behind the levels of demand for this major silver consumer.

As quoted in the market report:

The author makes it sound like demand was also off significantly for unwrought silver, for silver powder, and for jewelry manufacturing as well. Only if you take a myopic view would such assumptions be correct. However, just because trade between China and the rest of the world is down does not mean that silver demand is down. What it does reveal is a decrease for external demand of silver from the Chinese market.

To view the whole Mineweb report, click here.