Group 1 - Silver futures are currently trading above 13433, with a recent increase of 2.93% from an opening price of 13303, reaching a high of 13787 and a low of 13303, indicating a short-term oscillating trend [1] - The U.S. November manufacturing PMI from S&P Global recorded a final value of 52.2, up from the previous 51.9, while the ISM manufacturing PMI was at 48.2, below market expectations of 49 and down from 48.7 [1] - Despite the expansion indicated by the manufacturing PMI, there are concerns about the health of the industry, as the growth is primarily driven by strong factory production, while the inflow of new orders has significantly slowed, suggesting a notable decrease in demand [1] Group 2 - The accumulation of unsold inventory has reached the highest level since 2007, indicating potential production cuts in the coming months due to the mismatch between production and sales [1] - Disappointing sales, intense competition, and rising input costs, often related to tariff policies, are squeezing corporate profit margins [2] - Recent trading in silver futures shows a potential for continued adjustments, with a focus on the 13000 level, where a drop below this threshold could lead to increased bearish activity [3]
美11月PMI公布沪银走势震荡
Jin Tou Wang·2025-12-02 04:05