Retail and Solar Demand Drive China's Silver Imports to Record High
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China imported approximately 836 tons of silver in March, nearly triple the average of about 306 tons for March over the past decade. This surge was driven by heavy purchases from retail investors and stockpiling by solar manufacturers ahead of the April 1 cancellation of export tax rebates. Analysts note that a decline in silver prices will weaken retail buying momentum, while policy controls on industrial demand suggest there is no long-term support for such large-scale silver imports
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