China-linked demand for physical silver is surfacing as direct, above-market bids to a miner, with $8 to $10 premiums that bypass screen pricing and intermediaries.
Those premiums align with a reported approach to Kuya Silver (CSE: KUYA), where CEO David Stein confirmed two Chinese companies contacted the Canada-based miner on Friday with an offer to buy physical silver at about $8 more than the market price at the time.
Stein said one of the Chinese counterparties was a manufacturer and the other was a large trading firm.
An Indian buyer then approached Kuya Silver on Monday with an offer $10 above the market price.
Commentary amplifying the report argues that buyers are “directly approaching miners” and offering premium over spot “to secure raw silver supply,” explicitly describing the goal as bypassing intermediaries, with refining and transportation costs still incremental on top of that premium.
Silver has been whipping around with a fast run-up that pulled in momentum buyers, followed by a sharp pullback that looked margin and liquidation-driven, and then a rebound as dip-buyers stepped in, leaving a market that still feels tight and jumpy.
READ: Here’s What’s Going On With Silver
This happens amidst the backdrop of China tightening controls on silver exports, extending restrictions to a metal that sits inside key US industrial and defense supply chains.
The measures are not new. China’s Commerce Ministry first announced them in October as part of a broader push to strengthen oversight of rare metals, and it later published a list of 44 companies approved to export silver under the framework for 2026 and 2027. The same 2026 rules also restrict exports of tungsten and antimony, two China-dominated materials used in defense and advanced technologies.
Information for this briefing was found via the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
