| Although still weak, Chinese silver imports continued to show signs of improvement in August, too. Imports fell just 3% y/y to 304 tonnes, while exports fell almost 10% y/y to 61.5 tonnes, keeping China a firm net importer.
“However, the latest semiconductor billings data revealed weakness in shipments in Europe and US and a modest recovery in China and Japan, which is insufficient to balance the market. We believe silver industrial demand remains vulnerable in the near term.” Barclays said in a report...............................................Full Article: Source
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