SILVER 0.30% $15.25 silver futures

@verily - Just wondering ... since you're more familiar with the...

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    @verily - Just wondering ... since you're more familiar with the Comex reports, can you confirm my observation?

    Open interest balance (preliminary) for Mar reduced last night by 5,148 contracts.

    https://hotcopper.com.au/data/attachments/2951/2951123-f00bdd0ce50f1fd40648b31f4ceafd07.jpg

    And then looking at the Delivery notices for 25/2/21, it appears that quite a number of entities have given notice of taking delivery of a combined 5,904 contracts = roughly 29.5 million toz


    https://hotcopper.com.au/data/attachments/2951/2951136-ba9dcbc18bda46f68fab5d7b4c0acb07.jpg

    So in summary, on the first trading day for the March Comex Calendar month

    • Open interest for March reduced by 5,148 contracts
    • 5,904 contracts for delivery on the first March day, representing 29.5 million toz of silver
    • There remains in March 10,945 open contracts representing about 55 million toz

    Wondering what comex activity will occur tonight and how many further delivery notices are received - this being only the second day in the March Calendar!
 
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