Chinese Demand for 2014
By GCRU Gold News on Tuesday, January 19 2016, 07:37 - Permalink
From the CGA 2014 Yearbook (CGA - Chinese Gold Association)
Imports = 1294 tonnes
Total Demand = 2106.012
Compare the total above to the total SGE withdrawals below
2013 - 2198 (CGA) vs 2181 (SGE)
2014 - 2106 (CGA) vs 2102 (SGE)
Which suggests that there's not a lot of churning of gold via the SGE.
And shows what a stellar year 2015 was with 2596.37 tonnes.
