🔥 JUST IN — Shanghai Silver Stocks Shrink Again: Physical Supply Falls from 423.24 Tons to 412.49 Tons
Latest CEIC data from the Shanghai Futures Exchange (SHFE) shows that physical silver inventory dropped from 423.24 tons to 412.49 tons, continuing a trend of tightening supply in China’s largest physical metals market.
📉 What This Means:
• This drawdown reflects higher physical demand or slower replenishment, not just paper market shifts.
• Market watchers view SHFE inventories as a key barometer for global silver supply pressure, because when physical stocks fall faster than they’re replaced, it suggests scarcity in the real metal.
• China remains a massive industrial and investment consumer of silver — used in solar panels, electronics, EVs, and precious metal reserves — so inventory moves matter globally.
📈 Why Traders Should Pay Attention:
• Lower physical stocks often support higher prices, especially when spot markets pay premiums above paper futures.
• The gap between silver’s physical scarcity and futures pricing can cause volatility and rally setups.

• This adds to the narrative of real supply tightening vs. paper contracts, signaling a potential turning point for silver sentiment.
💬 Silver stocks in China continue to shrink — real metal is vanishing while paper claims pile up. 🪙⚔️
When physical supply tightens, prices wake up — just like Bitcoin during liquidity squeezes. 😎
#Silver #SHFE #PhysicalDemand #CryptoAnalogy ✨ $XAG