Silver maintains the backwardation structure and the market is quiet for two weeks before the holiday [SMM Analysis]
- Feb 01, 2024, at 3:13 pm
At the end of January, the silver futures price ended the backwardation structure which had lasted for almost 2 weeks. At the same time, silver T+D also ended the 14-day short-pay-long deferred fee direction, and appeared long-pay short yesterday.