CPM market commentary: Chinese silver prices

There is some confusion in the investment community about silver prices in China, which are different from those quoted in London or New York. This is neither unusual nor unique. The current misunderstanding is preventing investors from fully grasping important developments in the Chinese market., CPM Group is providing a thorough explanation of the nature of silver prices in China, and their divergences from London prices.

Companies producing and selling silver in China typically use Chinese silver prices as benchmark. This is the same as in most other countries. Some large producers outside of China sell at the London daily price. Many others sell at ‘spot’ or forward prices set between them and the buyers, typically either smelters, refiners, or financial intermediaries such as bullion banks and trading companies.

We started our business in 1986 predicated on the idea that commoditiesresearch and advice is best delivered by independent experts who do not work forbanks, brokers, mining companies, or any other entity that has interests thatcould conflict with the best interests of the clients receiving the research,analysis, and advice.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Chinese EV Makers Defy Industry Slump as Price Cuts Boost SalesPrice cuts and new models helped Chinese electric vehicle makers, including BYD Co. and Nio Inc., continue to grow sales in May even as the overall market for passenger cars is expected to see deliveries shrink, industry data showed.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »

Central African Republic government suspends Chinese mining company for alleged ties to armed groupsBANGUI, Central African Republic (AP) — The government of the Central African Republic suspended a Chinese mining company’s operations in the country...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »