Germanium Market Report April 2013

The Chinese germanium metal market continued to see weak demand and few deals in April. Large-sized producers quoted RMB11,900-12,100/kg (USD1,939-1,971/kg) for germanium metal 99.Asian Metal Copyright The market had no obvious recovering signs as end users were inactive to make procurements.Asian Metal Copyright99%min in the early and middle days of the month. In later days of the month, influenced by the rumor that Chinese government would purchase germanium metal in the coming months, they raised their quotations to RMB12,100-12,300/kg (USD1,971-2,004/kg), with an increasing range of RMB200/kg (USD33/kg). Medium and small-sized producer held their quotations at the price of RMB11,000-11,200/kg (USD1,792-1,824/kg).Asian Metal Copyright Although deals in the spot market remained few, prices didn’t go down due to the firm cost.Asian Metal Copyright The market had no obvious recovering signs as end users were inactive to make procurements.Asian Metal Copyright In later days of the month, influenced by the rumor that Chinese government would purchase germanium metal in the coming months, they raised their quotations to RMB12,100-12,300kg USD1,971-2,004kg, with an increasing range of RMB200kg USD33kg.Asian Metal Copyright Overseas market also experienced few changes.Asian Metal Copyright In later days of the month, influenced by the rumor that Chinese government would purchase germanium metal in the coming months, they raised their quotations to RMB12,100-12,300kg USD1,971-2,004kg, with an increasing range of RMB200kg USD33kg.Asian Metal Copyright Although deals in the spot market remained few, prices didn’t go down due to the firm cost.Asian Metal Copyright The market had no obvious recovering signs as end users were inactive to make procurements.Asian Metal Copyright