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Barclays: Chinese silver imports decline 39pct y/y; exports tumble 44pct y/y

Posted on 31 October 2011

The Chinese September trade data for precious metals were mixed with a continued recovery in PGM imports and a sustained decline in Silver appetite, said Barclays Capital in a reserch note.
Silver imports in China fell by 39% y/y and 16% m/m to 264.7 tonnes, the lowest level since February, while silver exports declined by 44% y/y to 83.5 tonnes, keeping China a net importer of the metal for two consecutive years on a monthly basis………………………………………..Full Article: Source


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