China silver imports hit record high – nearly 800 tonnes – in January and February

From kitco.com

China's silver imports hit an eight-year high in the first two months of 2026 as burgeoning demand from the industrial and investment sectors boosted local price premiums, drained domestic silver stockpiles, and drove unprecedented foreign purchases, according to the latest customs data released Friday. In January and February, China imported over 790 tonnes of silver, the data showed, with February alone accounting for a year-over-year record of 470 tonnes in imports. Strong local demand drove domestic prices significantly higher than the global benchmark, draining the already depleted exchange reserves and ... (full story)