June Silver News
The Silver Institute has released its June newsletter. The publication features interesting and educational articles about the latest technology in the silver industry, as well as new silver investment products on the market. This edition notes that industrial demand for silver continues to grow in Asia and developing countries:
Industrial applications accounted for 56 percent of all silver demand in 2014. On a regional basis, a modest increase in industrial demand in developing countries, led by 4 percent growth in China and Taiwan, was offset by weaker demand in advanced countries in 2014. This marks the fifth consecutive year of Chinese industrial demand growth. Last year’s industrial demand total for Taiwan was 23 percent above their 2009 figure.”
Here are a few other highlights:
- Apple is reportedly considering a flexible display coated with silver nanowires on its upcoming iPad Pro.
- Silver jewelery demand hit a record high last year. Silver jewelry fabrication had a second consecutive year of growth.
- Solar power installations rose more than 28 percent in 2014.
- A German company has developed a more sanitary plastic material coated with silver particles for use in hospitals.
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