jewelry finding wholesale distributors in poland
5 thoughts on “jewelry finding wholesale distributors in poland What does silver TD premium mean?”
Leave a Comment
You must be logged in to post a comment.
jewelry finding wholesale distributors in poland
You must be logged in to post a comment.
wholesale jewelry.com Premium = Silver TD price-international spot price, the price of silver TD follows the price of London silver, because domestic traders will refer to the price of London silver to do the price of TD and the price of London silver, so the premium is generated. The premium is also divided into positive and negative premium.
The long -term statistics and research found that the domestic silver premium exists for a long time, and the premium range is also high and low. The following is the price comparison of the price of international silver spot and the domestic silver T D.
If according to the price statistics of the past 18 months, we found that the domestic silver premium rate has reached 15%, and the lowest is -1.8%. Among the 8 statistics, 7 times are positive premium rates. It can be seen that domestic silver comparison has a long -term premium phenomenon. The premium range reached 16.8%.
The expansion information:
The cause of premium:
(1) The main reason is the domestic tariff policy: a 17%tariff for silver imports, which directly leads to the domestic domestic There is a possibility of difference in silver and international silver.
(2) In history, China is a large silver output country, and silver occupies a more important position than gold in the history of Chinese currency. After the Opium War, China ’s large -scale silver reserves were out of place, which led to the emptiness of the state treasury and directly affecting the supply and demand relationship of China’ s silver. Although China is the world's largest silver -producing country, it is also the largest silver consumer country. Since 2007, China has begun to be greater than supply, and net imported silver physical amount has reached 1067 tons.
(3) China's silver mine has been mining in history for many years, and the cost of mining is higher than the international silver mine. Therefore, there is a fundamental supporting factor in premium. Judging from the annual report, in 2009, Silver Production achieved operating income of 1,894.18 million yuan, and operating profit was -4.61 million yuan.
The production cost is estimated to be about 3200 yuan/kg. It can be seen that high production costs have also become an important reason for supporting domestic silver prices. At the same time, we also found that once the price exceeded 3200 yuan/kg, the premium rate of domestic silver began to decline significantly.
(4) The behavior and transaction model of market investors may also be an important factor affecting the silver premium. Chinese investors generally do not have short thinking. The main force of the short -term is mainly manufacturers and traders with value preservation. The investment of silver TD investment is small, which is easier to attract more investment demand and directly increase the market price.
Ip, the international silver spot is the 24 -hour trading market, and the longest trading time in the domestic TD market is 10 hours per trading day. Therefore, the relative amplitude is smaller than the international silver price, which exacerbates the fluctuation rate of premium rate.
Reference information Source: Baidu Encyclopedia-Silver Premium
natural stone wholesale jewelry The premium refers to the different quotation methods of international silver and silver TD. The former is the quotation of the US dollar to ounces, and the latter is the quotation of the RMB to a kilogram. In international spot price, the price of silver TD follows the price of London silver, because domestic traders will refer to the price of London silver to trade TD prices and the price of London silver, so the premium is generated. It is often not in line with international gold prices.
The cause of premium:
1. Domestic tariff policies may directly lead to the possibility of differences in domestic silver and international silver.
2. The Chinese market's demand for silver is greater than the domestic supply, which has led to an increase in net import volume.
3. The high cost of mining in China's silver ore has caused the price of white silver ore to be higher than the price of silver ore, so there is a fundamental supporting factor in the premium.
4. The behavior and transaction model of market investors may also be an important factor affecting the silver premium. Chinese investors generally do not have shorting thinking. The main force of the empty force is mainly manufacturers and traders with value preservation; silver TD investment has small requirements for funds, and it is easier to attract more investment demand and directly increase the market price.
5. The international silver spot is a 24 -hour trading market, and the longest trading time in the domestic silver TD market is 10 hours per trading day. Essence
wholesale order of eastern star jewelry Premium = Silver TD price-international spot price, the price of silver TD follows the price of London silver, because domestic traders will refer to the price of London silver to do the price of TD and the price of London silver, so the premium is generated. The premium is also divided into positive and negative premium.
atlanta wholesale jewelry craft show august 2019 The so -called premium is the difference between the spot conversion to TD price
wholesale fashion gemstone jewelry TD's premium refers to the difference between the price between TD and the price between international spot silver.
TD's price is operating with the trend of the international market. The general trend is the same, but it will receive changes in the impact of domestic investment emotions.
The premium is floating. Affected by domestic investors' buying up and falling, when domestic investors generally look at it, the premium will become larger. When domestic investors are generally empty, the premium will become smaller. The current premium will be premium. Floating around 300 yuan/kg.