
Experts believe that imports from India are willing to support the world price of silver, which is currently just above a price of $ 30.50 per ounce r. In addition, it is estimated that demand for silver and sterling silver jewelry will grow stronger this year especially around the festival season. Another report released by China Research and Intelligence Co. (CRI), established the fact that China is now one of the most important silver suppliers in the world. According to the latest statistics available, silver, minerals and regenerates total silver production was about 10,348 tons.
One of the interesting aspects of China silver market is that silver is more expensive in comparison with internal circuit which is exported worldwide. This means that the high rate of consumption, which also recognizes the fact that China will be the key driver for the supply and demand for sterling silver jewelry.