2026 China SMM Silver Conference Opens; Shanghai Silver Price Falls 51.76%
2026-06-11 13:49
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en.Wedoany.com Reported - The 2026 SMM (7th) Silver Industry Chain Innovation Conference and the 2026 (12th) National Silver Enterprise Annual Conference were held from June 11 to 12 in Kunshan, Jiangsu Province. The conference was co-hosted by Shanghai Metals Market Information Technology Co., Ltd. (SMM), Kunshan Hongfutai Environmental Protection Technology Co., Ltd., and Ningbo Haoshun Precious Metals Co., Ltd.

Currently, expectations of a Federal Reserve interest rate hike are putting pressure on the precious metals market, with both COMEX silver and Shanghai silver turning from gains to losses on the annual chart. Shanghai silver closed at 15,622 yuan/ton on the daytime trading session of June 10, down 51.76% from its historical high of 32,382 yuan/ton. This price volatility is impacting the stable development of the silver industry chain.

Against the backdrop of global energy transition and the development of the digital economy, the silver industry, which possesses both financial and industrial attributes, is at a critical juncture of transformation. Strong demand from sectors such as photovoltaics, Automotive Industry" target="_blank">new energy vehicles, and 5G is driving industrial transformation and upgrading. At the same time, resource supply constraints, rising technological barriers, and financial market fluctuations impose higher demands on the comprehensive capabilities of the industry chain. Building an industry exchange and collaboration platform and driving the entire chain's development through innovation have become industry consensus.

The conference featured segments including a silver industry chain supply-demand matchmaking meeting, the SMM #1 Silver Price Seminar, opening addresses, guest speeches, and site visits. During the opening address segment, speeches were delivered by Wang Min, Party Secretary and President of the China General Chamber of Commerce; Guo Zhenzhong, General Manager of Kunshan Hongfutai Environmental Protection Technology Co., Ltd.; Yao Bingbing, General Manager of Ningbo Haoshun Precious Metals Co., Ltd.; and Zhou Bai, Executive Vice President of SMM.

In the speeches on June 11, Zhang Ji, former Deputy Director of the Policy Research Office of the CPC Central Committee, shared insights on "Learning and Applying Reform Methodology to Implement the 15th Five-Year Plan." Li Yijun, General Manager of the Nonferrous Commodities Division at CITIC Futures Co., Ltd., provided an in-depth analysis and trend outlook on the macroeconomic situation. Hu Danzhou, Senior Manager of the Business Department III at Shanghai Clearing House, introduced how financial infrastructure supports the high-quality development of the silver industry. Zhao Wuzhuang, a specially invited expert of the China Nonferrous Metals Industry Association, delivered a speech titled "From a Major Producer to a High-Value-Added Leader: The Role and Transformation of China's Silver Smelting Industry." Guo Zhenzhong, General Manager of Kunshan Hongfutai Environmental Protection Technology Co., Ltd., analyzed the supply-demand balance mechanism for silver-bearing waste, covering recycling technology innovation and market dynamics. Zuo Geng, Chief Expert at the Economic Research Institute of China Minmetals Corporation, outlined the future development trends of China's key metal minerals. Zhou Quanfa, Dean of the School of Resources and Environmental Engineering at Shanghai Second Polytechnic University and Foreign Academician of the Russian Academy of Natural Sciences, introduced photovoltaic recycling silver extraction technology.

In the speeches on June 12, Heng Zhenping, Chairman of Zhengzhou Jinquan Mining and Metallurgical Equipment Co., Ltd., introduced the refining processes and equipment for recovering precious metals from copper and lead anode slime. Dr. Zhang Yongzhu, a PhD in Metallurgical Engineering from Central South University, analyzed the high-end new material applications, prospects, and industrial development trends of silver in the era of artificial intelligence. Shen Xin, Chief Engineer of Fujian Zijin Precious Metal Materials Co., Ltd., explained the preparation technology and applications of high-performance metal powder materials. Chen Cong, Product Director of Wuxi DK Electronic Materials Co., Ltd., focused on the industrialization challenges and mass production breakthroughs of silver-coated copper paste in N-type cells. Yang Hongwei, Director and Board Member of Yunnan Precious Metals Laboratory Co., Ltd. / Guiyan Chemical Materials (Yunnan) Co., Ltd., introduced the low-temperature sintering characteristics of multi-dimensional silver-coated copper powder and its application in HJT solar paste. Ding Gangqiang, Deputy Chief Engineer and Researcher at CSSC Huanggang Precious Metals Co., Ltd., analyzed the industry situation of silver nitrate, silver powder, and silver paste, as well as silver consumption applications. Liu Yuxuan, Chief Researcher and Joint Administrative Head of Precious Metals and Nonferrous Metals at Guotai Junan Futures Co., Ltd., provided a panoramic perspective on the international silver market, covering supply-demand contradictions, trade patterns, and price-driving mechanisms.

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