Germanium Market Report February 2013

The Chinese germanium metal market varied slightly in February.Asian Metal Copyright Consumers lacked enthusiasm to replenish stocks and small-sized suppliers reflected that they were under pressure to complete transactions at the price around RMB11,000kg USD1,770kg.Asian Metal Copyright Influenced by the Spring Festival holidays, some suppliers stopped quoting in early days of the month and there were also few participants in the spot market which resulted in scarce deals. Consumers lacked enthusiasm to replenish stocks and small-sized suppliers reflected that they were under pressure to complete transactions at the price around RMB11,000/kg (USD1,770/kg).Asian Metal Copyright Consumers lacked enthusiasm to replenish stocks and small-sized suppliers reflected that they were under pressure to complete transactions at the price around RMB11,000kg USD1,770kg.Asian Metal Copyright However, main plants in China raised their quotations of germanium metal 99.99%min slightly to RMB11,600-11,800/kg (USD1,866-1,899/kg) in late February, for they had low stocks in hand due to the tight supply of raw materials and SRB’s stockpiling.Asian Metal Copyright Consumers lacked enthusiasm to replenish stocks and small-sized suppliers reflected that they were under pressure to complete transactions at the price around RMB11,000kg USD1,770kg.Asian Metal Copyright Since demand had no signs of recovering, market participants didn’t expect buying activities would increase in the near future.Asian Metal Copyright Since demand had no signs of recovering, market participants didn’t expect buying activities would increase in the near future.Asian Metal Copyright Sources in overseas markets also disclosed that the germanium metal market saw few deals with stable prices in the spot market.Asian Metal Copyright Consumers were still cautious in buying the material.Asian Metal Copyright Consumers were still cautious in buying the material.Asian Metal Copyright However, main plants in China raised their quotations of germanium metal 99.Asian Metal Copyright