@green911
⚪️ Silver inventories at the Shanghai Futures Exchange are declining sharply.
🔻 Deliverable silver stocks in Shanghai have fallen to around 350 tons, the lowest level since 2015.
🔻 This represents an 88% drop compared to the peak of about 3,000 tons in January 2021.
🔻 The shortage has been exacerbated by heavy silver exports from China to London in 2025. While these exports somewhat eased physical tightness in the global market, they further depleted China’s domestic reserves.
🔻 The physical silver market has rarely experienced shortages and tightness at this level.
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