Foreign media: China's silver exports in 2025 are expected to be about 51,000 tons, setting a new high at least since 16 years ago, indicating that concerns about the market over China's tightening of silver export controls may be exaggerated.
Although China issued a document in October 2025 extending the export licensing system until 2027, major exporters said actual shipment volumes have not changed significantly. Previously, the policy was misinterpreted by the market, coupled with a surge in Indian investment demand and Musk's social media amplifying the situation, had driven silver prices to a historical high above $95 per ounce.
Analysts point out that China's current silver exports mainly fall under processing trade exempt from value-added tax, and there are currently no clear quantity restrictions on export licenses. Although the possibility of future tightening cannot be ruled out, supply remains strong for now.
Original article: toutiao.com/article/1854998149029896/
Statement: This article represents the personal views of the author.