Silver Ore Price in China Surges to $2,147 per Ton, Reaches Extreme Volatility
Apr 4, 2023
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China's silver ore import price remained relatively unchanged in December 2022 at $2,147 per ton (CIF, China). However, the import price showed a noticeable decrease over the period reviewed, with Mexico recording the most significant rate of growth. Prices varied by the country of origin, with Mongolia having the highest price and Cuba among the lowest. Total imports indicated a slight increase from December 2021 to December 2022, while Peru constituted the largest silver ore supplier to China. The silver ore market experienced fluctuating prices due to declining supply and increasing demand from various industries like electronics, jewelry, and solar panel production.
