The Associated Press, May 23, reported that as of May 22, SHFE silver had increased by 39.13% in the year to 8343 yuan/kg.In the spot market, London silver now stands at $31/ounce, with an increase of more than 30% this year, hitting a new high since 2013.With the rising price of silver, as the second largest cost of photovoltaic cells after silicon wafers, the rising price of silver paste has also brought challenges to the photovoltaic industry. The rising price of silver makes the photovoltaic industry urgently need to "reduce silver".Against this background, silver reduction and silver removal are becoming an important direction of technology research and development in the photovoltaic industry. The related OBB (no main grid technology), silver coated copper, electroplating copper and other "silver reduction" technology routes are accelerating and entering the mass production stage.(Securities Daily)
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