Research Report on China's Silver Industry, 2010-2012
In 2009, the world's silver output was 21,500 tons, increasing by 0.40% over 2008; renewable silver output was 5,500 tons, increasing by 2.70% over 2008; the government undersold 375 tons, reducing by 31.80% over 2008. In 2009, global supply of physical silver was 27,375 tons, rising by 0.20% over 2008; the total supply of the world silver market is expected to reach 29,000 tons in 2010.
In terms of demand, although silver has made progress in the applications of automotive exhaust catalyst handling, conductive silver ink market, photovoltaic cells, solar energy, radio frequency identification and medical antibiosis, such electrical & electronics fields as silvers used in the electrical & electronics industry, silver-base alloys and silvers used in solders are still the uppermost silver consumption fields.
In 2009, the total output of China's mineral silver and regenerate silver was 10,348 tons, maintaining No.1 in the world. Nonferrous metal enterprises are the backbone of the Chinese silver production, accounting for 90% of total silver output. In recent years, the rapid increase in the production of lead, copper and zinc in China becomes an important reason for rising output of China's silver. In China, such regions as Hunan, Henan, Jiangxi, etc. are the largest ones with concentrating production of refined lead and refined copper. Henan Yuguang Gold & Lead Group, Jiangxi Copper Co., Ltd., Hunan Xinda Silver Industry Co., Ltd., Yunnan Copper (Group) Co., Ltd., Hunan Chenzhou Jingui Non-ferrous Metal (Group) Co., Ltd., etc. are enterprises with most silver output in China.
An important feature of China's silver market is that the domestic price is higher than international market price. The domestic price of silver is not completely synchronized with the international price and it lags behind with too large fluctuation, resulting in increasing risk of downstream silver consuming enterprises. Therefore, China urgently needs to improve the formation mechanism of domestic silver price and seek appropriate trade modes to maintain values and avoid risks. It will be the general trend to introduce silver futures.
Due to the insufficient domestic market demand in China and the rapid development of the lead, zinc and copper industries, the amplification of byproduct silver production far exceeds that of consumption, annual surplus of a large amount of silver are consumed by export, and China has become one of the most important silver suppliers in the world. However, in 2008, influenced by the abolition of silver export rebates, China's silver exports saw a continuing decline in 2008-2009.
As the investment threshold of silver is much lower than that of gold, the silver investment market is tipped for a big future. In addition, as China suffered serious inflation in 2008, there is much room for the development of the silver investment market from the perspective of reserve assets. Currently, since China's domestic silver industry obtain surplus, it is more suitable for medium and small investors to invest silver products with a low investment threshold. A major problem now is that silver products suitable for public investment are relatively few and require development of relevant enterprises, in which lies enormous investment opportunities.
Silver consumption mainly concentrates in industrial applications and investment demands. Currently, 65% of the world's total silver consumption comes from industrial fields. Accordingly, with the recovery of the world's economy, the silver demand from industrial fields is expected to increase steadily.
Following and more information can be acquired from this report:
In terms of demand, although silver has made progress in the applications of automotive exhaust catalyst handling, conductive silver ink market, photovoltaic cells, solar energy, radio frequency identification and medical antibiosis, such electrical & electronics fields as silvers used in the electrical & electronics industry, silver-base alloys and silvers used in solders are still the uppermost silver consumption fields.
In 2009, the total output of China's mineral silver and regenerate silver was 10,348 tons, maintaining No.1 in the world. Nonferrous metal enterprises are the backbone of the Chinese silver production, accounting for 90% of total silver output. In recent years, the rapid increase in the production of lead, copper and zinc in China becomes an important reason for rising output of China's silver. In China, such regions as Hunan, Henan, Jiangxi, etc. are the largest ones with concentrating production of refined lead and refined copper. Henan Yuguang Gold & Lead Group, Jiangxi Copper Co., Ltd., Hunan Xinda Silver Industry Co., Ltd., Yunnan Copper (Group) Co., Ltd., Hunan Chenzhou Jingui Non-ferrous Metal (Group) Co., Ltd., etc. are enterprises with most silver output in China.
An important feature of China's silver market is that the domestic price is higher than international market price. The domestic price of silver is not completely synchronized with the international price and it lags behind with too large fluctuation, resulting in increasing risk of downstream silver consuming enterprises. Therefore, China urgently needs to improve the formation mechanism of domestic silver price and seek appropriate trade modes to maintain values and avoid risks. It will be the general trend to introduce silver futures.
Due to the insufficient domestic market demand in China and the rapid development of the lead, zinc and copper industries, the amplification of byproduct silver production far exceeds that of consumption, annual surplus of a large amount of silver are consumed by export, and China has become one of the most important silver suppliers in the world. However, in 2008, influenced by the abolition of silver export rebates, China's silver exports saw a continuing decline in 2008-2009.
As the investment threshold of silver is much lower than that of gold, the silver investment market is tipped for a big future. In addition, as China suffered serious inflation in 2008, there is much room for the development of the silver investment market from the perspective of reserve assets. Currently, since China's domestic silver industry obtain surplus, it is more suitable for medium and small investors to invest silver products with a low investment threshold. A major problem now is that silver products suitable for public investment are relatively few and require development of relevant enterprises, in which lies enormous investment opportunities.
Silver consumption mainly concentrates in industrial applications and investment demands. Currently, 65% of the world's total silver consumption comes from industrial fields. Accordingly, with the recovery of the world's economy, the silver demand from industrial fields is expected to increase steadily.
Following and more information can be acquired from this report:
- China's Silver Production
- China's Silver Consumption
- Import & Export of China's Silver Products
- Main Policies on China's Silver Industry
- China's Major Silver Enterprises and Their Operations
- Silver Price Trends in Chinese Market
- Prediction on Development Trend of China's Silver Industry
- Investment Opportunities in China's Silver Industry
- Silver Manufacturing Enterprises
- Silver Trade Enterprises
- Silver Processing Enterprises
- Jewelry Manufacturing Enterprises
- Investors Focusing on the Silver Market
- Research Institutions Focusing on the Silver Industry
1 OVERVIEW OF SILVER
1.1 Physical and Chemical Properties
1.2 Major Applications of Silver
1.3 Major Silver Extract Methods
2. SILVER MARKET AND PRICE
2.1 Silver Ore Reserves in the World
2.2 Analysis on Price Trend of Silver
2.3 Major Demand-driving Factors of Silver
2.4 Analysis on Silver Supply
2.5 Analysis on Silver Production Costs
3. ANALYSIS ON STATUS QUO OF CHINA'S SILVER INDUSTRY
3.1 Policies of Silver Industry
3.2 China's Silver Reserves
3.3 Analysis on Structural Features of China's Silver Industry
3.4 Analysis on Silver Supply
3.5 Analysis on Consumption Structure and Demand of Silver
3.6 Import and Export of Silver
4. ANALYSIS ON CHINA'S MAJOR SILVER MANUFACTURING ENTERPRISES
4.1 Henan Yuguang Gold and Lead Group Co., Ltd.
4.2 Yunnan Copper (Group) Co., Ltd.
4.3 Hunan Xinda Silver Industry Co., Ltd.
4.4 Hunan Chenzhou Jingui Non-ferrous Metal (Group) Co., Ltd.
4.5 Henan Anyang Yubei Gold and Lead Co., Ltd.
4.6 Jiangxi Copper Co., Ltd.
4.7 Hunan Zhuzhou Smelter Group Co., Ltd.
4.8 Hunan Shuikoushan Nonferrous Metals Group Co., Ltd.
4.9 Hubei Daye Nonferrous Metals Co., Ltd.
4.10 Jiangxi Longtianyong Nonferrous Metal Co., Ltd.
5. PROPOSALS FOR INVESTMENT AND DEVELOPMENT OF SILVER INDUSTRY
5.1 Investment Opportunity Analysis
5.2 Investment Risk Analysis
5.3 Investment Proposals
1.1 Physical and Chemical Properties
1.2 Major Applications of Silver
1.3 Major Silver Extract Methods
2. SILVER MARKET AND PRICE
2.1 Silver Ore Reserves in the World
2.2 Analysis on Price Trend of Silver
2.3 Major Demand-driving Factors of Silver
2.4 Analysis on Silver Supply
2.5 Analysis on Silver Production Costs
3. ANALYSIS ON STATUS QUO OF CHINA'S SILVER INDUSTRY
3.1 Policies of Silver Industry
3.2 China's Silver Reserves
3.3 Analysis on Structural Features of China's Silver Industry
3.4 Analysis on Silver Supply
3.5 Analysis on Consumption Structure and Demand of Silver
3.6 Import and Export of Silver
4. ANALYSIS ON CHINA'S MAJOR SILVER MANUFACTURING ENTERPRISES
4.1 Henan Yuguang Gold and Lead Group Co., Ltd.
4.2 Yunnan Copper (Group) Co., Ltd.
4.3 Hunan Xinda Silver Industry Co., Ltd.
4.4 Hunan Chenzhou Jingui Non-ferrous Metal (Group) Co., Ltd.
4.5 Henan Anyang Yubei Gold and Lead Co., Ltd.
4.6 Jiangxi Copper Co., Ltd.
4.7 Hunan Zhuzhou Smelter Group Co., Ltd.
4.8 Hunan Shuikoushan Nonferrous Metals Group Co., Ltd.
4.9 Hubei Daye Nonferrous Metals Co., Ltd.
4.10 Jiangxi Longtianyong Nonferrous Metal Co., Ltd.
5. PROPOSALS FOR INVESTMENT AND DEVELOPMENT OF SILVER INDUSTRY
5.1 Investment Opportunity Analysis
5.2 Investment Risk Analysis
5.3 Investment Proposals
SELECTED CHARTS
Chart China's Silver Output, 2001-2010
Chart China's Silver Consumption Structure
Chart China's Silver Consumption, 2005-2009
Chart Silver Consumption in China's Electrical & Electronics Industry, 2004-2009
Chart Price Trend of China's Silvers, 2002-2010
Chart Silver Consumption in China's Light Sensitization Industry
Chart Silver Consumption in China's Silver Work and Jewelry Industry
Chart Import and Export Volume of China's Silver Bars, 2005-2009
Chart China's Major Silver Enterprises and Their Output, 2009
Chart Operations of Henan Yuguang Gold and Lead Group Co., Ltd., 2005-2009
Chart Silver Output of Henan Yuguang Gold and Lead Group Co., Ltd., 2005-2009
Chart Operations of Yunnan Copper (Group) Co., Ltd., 2005-2009
Chart Silver Output of Yunnan Copper (Group) Co., Ltd., 2005-2009
Chart Prediction on China's Silver Output, 2011-2015
Chart Prediction on Price Trend of China's Silver, 2011-2015
Chart China's Silver Output, 2001-2010
Chart China's Silver Consumption Structure
Chart China's Silver Consumption, 2005-2009
Chart Silver Consumption in China's Electrical & Electronics Industry, 2004-2009
Chart Price Trend of China's Silvers, 2002-2010
Chart Silver Consumption in China's Light Sensitization Industry
Chart Silver Consumption in China's Silver Work and Jewelry Industry
Chart Import and Export Volume of China's Silver Bars, 2005-2009
Chart China's Major Silver Enterprises and Their Output, 2009
Chart Operations of Henan Yuguang Gold and Lead Group Co., Ltd., 2005-2009
Chart Silver Output of Henan Yuguang Gold and Lead Group Co., Ltd., 2005-2009
Chart Operations of Yunnan Copper (Group) Co., Ltd., 2005-2009
Chart Silver Output of Yunnan Copper (Group) Co., Ltd., 2005-2009
Chart Prediction on China's Silver Output, 2011-2015
Chart Prediction on Price Trend of China's Silver, 2011-2015
