Search This Blog

May 20, 2014

Physical #Silver Demand Achieves Record Level in 2013 | The Silver Institute

World Silver Supply and Demand (million ounces)

(totals may not add due to rounding)



Supply



2012 2013
Mine Production 792.3 819.6
Net Government Sales 7.4 7.9
Scrap 252.6 191.8
Net Hedging Supply -47.0 -41.3
Total Supply 1,005.3 978.1

Demand





2012 2013
Jewelry 181.4 198.8
Coins & Bars 139.3 245.6
Silverware 44.6 50.0
Industrial Fabrication 589.1 586.6
…of which Electrical & Electronics 237.0 233.9
…of which Brazing Alloys & Solders 60.3 62.4
… of which Photography 54.4 50.4
… of which Other Industrial 237.4 240.0
Physical Demand 954.4 1,081.1
Physical Surplus/Deficit 51.0 -103.0
ETF Inventory Build 55.1 1.6
Exchange Inventory Build 62.2 8.8
Net Balance -66.3 -113.3


 See the whole report online here: Total Physical Silver Demand Achieves Record Level in 2013 | The Silver Institute

 



The MasterMetals Blog

No comments:

Post a Comment

Commented on MasterMetals

ShareThis

MasterMetals’ Tweets