Silver: Eastern demand supports resilient upside – TD Securities
Par FXStreet Insights Team
Mis à jour: 13 May 2026
ARTICLES POPULAIRES
TD Securities strategists note Silver is maintaining its upside, trading resiliently despite higher energy prices. While recent CTA (Commodity Trading Advisors) buying has slowed, they see renewed interest from Chinese traders on SHFE (Shanghai Futures Exchange) and strong Chinese premiums.
TD Securities strategists note Silver is maintaining its upside, trading resiliently despite higher energy prices. While recent CTA (Commodity Trading Advisors) buying has slowed, they see renewed interest from Chinese traders on SHFE (Shanghai Futures Exchange) and strong Chinese premiums. The open import arbitrage suggests Eastern demand is a key driver of Silver’s strength beyond systematic CTA flows.
Chinese demand underpins silver strength
"Silver maintaining upside. Similar to base metal markets, silver has also been resilient in the face of renewed upside in energy pricing. While recent CTA buying has tapered off, there is evidence of a renewed bid in the Middle Kingdom."
"Top traders on the SHFE have been steady buyers of silver over the past month."
"Chinese premiums have remained strong and the import arb has been open at various times in the last couple of weeks, suggesting Eastern demand may be the catalyst supporting the upside beyond CTA flows."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)
Plus d’un million d’utilisateurs se tournent vers FXStreet pour des données de marché en temps réel, des outils de graphiques, des analyses d’experts et des actualités Forex. Leur calendrier économique complet et leurs webinaires éducatifs aident les traders à rester informés et à prendre des décisions éclairées. FXStreet s’appuie sur une équipe d’environ 60 professionnels répartis entre le siège de Barcelone et diverses régions du monde.
Lire la suite
