Silver Institute to release China market report | ProfessionalJeweller.com

Silver Institute to release China market report | ProfessionalJeweller.com

www.TheSilverPrice.info

The US-based organisation The Silver Institute has been commissioned to write a report on the Chinese silver market, with a focus on the growing importance of China in the global silver industry, emerging trends and their potential market impact.

The report will be produced by The Silver Institute in partnership with precious metals consultancy group Thomson Reuters GFMS and will be published in October 2012.

A release from The Silver Institute said: “Twenty years ago China accounted for some 3% and 5% of global silver demand and supply, respectively. In 2011, according to World Silver Survey 2012, those figures climbed to 16% and 14%, making China the world’s second largest consumer and third biggest producer of the white metal.”