Featured in A sustainable growth? – 07-2013

Goodbye silver

Raw materials: After the price of silver exploded two years ago, the PV industry substantially reduced its use of this precious metal. In the current year the industry could experience a twofold benefit when it comes to costs as the price quoted for this precious metal has gone into a slump since the spring of this year. Nevertheless, the industry plans to replace silver with copper over the long term.

Silver jewelry is much coveted in China. In recent months there has been a virtual run on silver rings and chains in the People’s Republic of China. And silver bars and coins are currently very much in demand in Europe. After prices quoted for silver on the international option markets took a sharp downturn in …

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