---
title: "瑞銀調整銀價預期，因 2026 年供應短缺有所縮小"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/286488323.md"
description: "瑞士銀行已下調其 2026 年銀價預期，原因是光伏需求疲軟、ETF 持有量減少以及礦山供應增加。銀業協會指出，太陽能光伏面板在 2026 年可能消耗高達 1.25 億盎司的銀，工業用途佔全球需求的 60%。儘管短期內價格面臨壓力，像 Avino Silver 和 Silvercorp 這樣的礦商報告了強勁的收益，展現了運營的韌性"
datetime: "2026-05-15T01:09:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286488323.md)
  - [en](https://longbridge.com/en/news/286488323.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286488323.md)
---

# 瑞銀調整銀價預期，因 2026 年供應短缺有所縮小

UBS turns cautious: UBS cut its 2026 silver price outlook, citing weaker photovoltaic demand, lower ETF holdings, and increased mine supply shrinking the deficit. Industrial uses expand: The Silver Institute reports solar PV panels could consume up to 125M oz in 2026, with industrial uses making up about 60% of global demand. Miners stay resilient: Companies like Avino Silver and Silvercorp posted strong earnings, showing operational strength even as silver prices face near-term pressure.

### 相關股票

- [SVM.US](https://longbridge.com/zh-HK/quote/SVM.US.md)
- [ASM.US](https://longbridge.com/zh-HK/quote/ASM.US.md)
- [SIVR.US](https://longbridge.com/zh-HK/quote/SIVR.US.md)
- [SLVP.US](https://longbridge.com/zh-HK/quote/SLVP.US.md)
- [SLV.US](https://longbridge.com/zh-HK/quote/SLV.US.md)
- [SLVR.US](https://longbridge.com/zh-HK/quote/SLVR.US.md)
- [PSLV.US](https://longbridge.com/zh-HK/quote/PSLV.US.md)
- [SIL.US](https://longbridge.com/zh-HK/quote/SIL.US.md)
- [AGQ.US](https://longbridge.com/zh-HK/quote/AGQ.US.md)

## 相關資訊與研究

- [白銀價格下滑：這種金屬能否從加息恐慌中恢復過來？](https://longbridge.com/zh-HK/news/286857225.md)
- [白銀為何比黃金跌得更慘？機構揭開背後 “元兇”](https://longbridge.com/zh-HK/news/286742431.md)
- [由於通脹擔憂，白銀持續下跌](https://longbridge.com/zh-HK/news/286689337.md)
- [Avino 公佈 2026 年第一季度創紀錄的財務業績 | ASM 股票新聞](https://longbridge.com/zh-HK/news/286319154.md)
- [希爾威金屬礦業在出售厄瓜多爾項目後，增加了在 Tincorp 的戰略持股](https://longbridge.com/zh-HK/news/286548091.md)