Analysis: China does not implement a "one-list-one-review" management system for silver exports, but only implements export control review.

Odaily Odaily reports that TVBee, in an article published on the X platform, stated that rumors circulated in the market regarding silver export restrictions as a reason for the price increase. In October, the Ministry of Commerce issued application documents for export companies, requiring existing companies to have export records and new companies to have an annual output of no less than 80 tons, without restricting the export quantity. A review notice released on December 12th showed that of the 50 companies applying for silver exports, 32 existing qualified companies and 12 new applicants met the requirements. China may have tightened its silver supply to the international market, aiming to guide export flows rather than prohibiting exports. Currently, there is no evidence that every silver export order is reviewed, and investors should exercise caution when engaging in spot silver trading or long or short.