BloFin Research: Silver’s Physical Tightness is a Bullish Signal
BeInCrypto
Dwindling COMEX silver inventories and high SHFE premiums indicate physical market tightness, creating significant upside pressure on global silver prices.Summary
BloFin Research highlights that the silver market is experiencing extreme physical tightness, evidenced by COMEX registered inventory falling to a 13.4% coverage ratio—below the 15% stress threshold. Additionally, high delivery demand for March 2026 and a persistent 12–13% price premium on the Shanghai Futures Exchange (SHFE) suggest that global demand is outstripping supply. These factors create upward pressure on prices, as the market must either reprice globally or face further depletion of Western stocks to satisfy Asian demand.
(Source：BeInCrypto)