Page 65 - MEX-Yearbook-2017
P. 65
Top Producers of Silver - 2016
(Metric Ton)
Silver - Futures Country Quantity Country Quantity
1500 SILVER Mexico 5,600 Poland 1,400
MICRO SILVER
L 1200 Peru 4,100 Russia 1,400
O 900 China 3,600 Bolivia 1,300
T 600 Chile 1,500 USA 1,100
300 Australia 1,400 Other Countries 5,400
S January Source: US Geological Survey
February
0
March
April
May
June
July
August
September
October
November
December
Months (January 2017 - December 2017) Silver Supply & Demand (Million Ounce)
Silver - Spot
Supply 2015 2016
Months (January 2017 - December 2017) Mine Production
2500 Scrap 890.8 885.8
Net Hedging Supply
L 2000 MSILVER Total Supply 141.1 139.7
NANO SILVER
O 1500 Demand
Jewelry 7.8 -18.4
T 1000 Coins & Bars
Silverware 1,039.7 1,007.1
500 Industrial Fabrication
Total Demand 2015 2016
S Surplus/Deļ¬cit
January 228.3 207
0 February
March 290.7 206.8
April
May
June
July
August
September
October
November
December
62.9 52.1
569.6 561.9
1,151.5 1,027.8
-111.8 -20.7
Source: Silver Institute, Thompson Reuters
Silver prices can also be
affected by companies
stockpiling silver, which they
are known to do when prices
begin to rise as it is a crucial
component of many electronic
devices.
250 Silver - Options
Months (January 2017 - December 2017)
L 200 January
February
O 150
March
T 100 April
May
50 June
July
S August
September
0 October
November
December
MEX NEPAL YEAR BOOK 2017 | 64
