中国白银净出口年化规模达全球供应的 7% 及影响-Global Metals Mining China net exports of silver annualizing 7 of world supply and implications
05 Jan 2026 08:00:14 ET │ 9 pages Global Metals & Mining Vi e w p o i n t | China net exports of silver annualizing 7% of world supply and implications CITI'S TAKE Silver's 'melt up' during holiday period can be largely attributed to fears around supply as China tightened license regime restricting export licenses only to large players with extensive credit lines. While China mines c.14% of world's silver it refines over 60% of it, as >70% of silver is a byproduct/coproduct – usually of zinc and copper. Chi ...