Silver import increased by 60%

In October 2017, about 60% of the country's import of silver has increased and compared to Y-O-Y (year on year), it has reached 4,200 tonnes. Thomson Reuters GFMS said that about 5,000 tonnes of metal will be imported.

Demand for both the industry and the rural consumers has improved. After the fall last year, the industry seems to be restored. Next year, the demand for imported imports by Thomas Reuters GFMS will increase by 10%.

In 2015, the imports of silver decreased from the highest of 7,955 tonnes in 2016 to 2,794 tonnes. Before being interchanged, dealers are moving towards banking channels, so industry is seeing an increase in deals. The wholesalers have been transferred to Czech and unaccounted silver is mainly from customers who sell ornaments or silver bars to jewelery retailers, who in turn ask for cash.

According to the industry, demand for investment is low, whereas industrial and consumer demand is high because people are more in equity this year. In 2018, demand will be affected by the price and it is only expected.

This year, Thomas Reuters GFMS Institute in Washington has stated that "the price is up to an average of $ 17.16 an ounce on average so far, it has been said in the report. For the entire session, on the estimates of Thomson Reuters, the GFMS Group regularly earns $ 17.13 Ounces was estimated, which was partially reduced by 2016 annual annual 17.14 / ounces. In 2017, after posting annual physical reduction for four years, 32.2 million in the market There is a possibility of switching to a small annual physical surplus of ounces, in 2017, the total silver supply is forecast to be roughly flat on 1,008.4 million oz. The total physical demand decreased from 5% to 9 76.1 million oz in 2017 It is estimated that due to a different decline in retail investment, although some demand of silver demand should help in economic restoration and a medium restoration in the production of jewelry and commercial construction. Faset. "

In 2016, silver demand for investment in the international market was 205 tonnes and it is expected that it will reach 130 tonnes.