April 26.04.2012, XNUMX - The Chinese stock exchange regulator announced on Tuesday evening that trading in silver futures on the Shanghai futures exchange would be allowed. However, the regulator did not announce when the silver futures would be introduced. Most analysts believe that trading should officially be launched in May.

This step is important for the healthy development of the non-ferrous metals industry, said Wang Qinhua, deputy head of the Chinese Non-ferrous Metals Industry Association. Because in most cases it is non-ferrous metal processing companies that also process the precious metal silver. China is a big silver producer and consumer. Silver prices are easily influenced by the international financial situation and often experience large fluctuations, which poses a great risk to Chinese companies. The silver futures can reduce the risks.

2011 has produced a total of 12.348 tons of silver to China. In March, the country imported 255,5 tons, 36 percent less than last year.