Tellurium prices continue to slip in China
2014-12-31 09:01:58 [Print]
BEIJING (Asian Metal) 31 Dec 14 - The mainstream prices for tellurium 99.99% have witnessed a decrease of RMB10/kg (USD1.6/kg) in the past week, slipping to RMB620-650/kg (USD99
A tellurium 99.99% producer in South China, who produces 90-100t of the material in 2014, noted that they quote RMB630/kg (USD101.3/kg) at this moment, decreasing by RMB20/t (USD3.2/kg) over that in early December . “We follow up to move down the price in order to promote sales at the end of the year, while buyers show no interest in making purchases in the short term,” said the source.
With 3t of stocks in hand, the source worried that the market price will slip further to RMB600/kg (USD96.5/kg) in the first quarter of 2015 . “Supply remains abundant in the market, and downstream users are likely to keep slow buying activities in the coming months,” explained the source, believing that the total demand quantity from Chinese refrigeration plants should be less than 200t in 2014.
A tellurium 99.99% end user in South China learnt that the current mainstream prices for the material are at RMB620-650/kg (USD99 . 7-104.5/kg) at this moment, seeing a further markdown of RMB10/kg (USD1.6/kg) in the past week . “We plan to buy about 1t of tellurium 99 . 99% in the short term, but will only place orders after the New Year holiday,” said the source.
The source consumes 700-1,000kg of the material per month, and he agreed that the market price will probably reach RMB600/kg (USD96.5/kg) before Chinese Spring Festival . “So we are in no rush to seal the deal, and may wait longer if the price continues to show downtrend after the New Year,” added the source.
. 7-104.5/kg) in China . Producers are willing to sell the material at the current prices with some stocks at the end of 2014, but consumers are still in no rush to make purchases in view of the downward prices.
A tellurium 99.99% producer in South China, who produces 90-100t of the material in 2014, noted that they quote RMB630/kg (USD101.3/kg) at this moment, decreasing by RMB20/t (USD3.2/kg) over that in early December . “We follow up to move down the price in order to promote sales at the end of the year, while buyers show no interest in making purchases in the short term,” said the source.
With 3t of stocks in hand, the source worried that the market price will slip further to RMB600/kg (USD96.5/kg) in the first quarter of 2015 . “Supply remains abundant in the market, and downstream users are likely to keep slow buying activities in the coming months,” explained the source, believing that the total demand quantity from Chinese refrigeration plants should be less than 200t in 2014.
A tellurium 99.99% end user in South China learnt that the current mainstream prices for the material are at RMB620-650/kg (USD99 . 7-104.5/kg) at this moment, seeing a further markdown of RMB10/kg (USD1.6/kg) in the past week . “We plan to buy about 1t of tellurium 99 . 99% in the short term, but will only place orders after the New Year holiday,” said the source.
The source consumes 700-1,000kg of the material per month, and he agreed that the market price will probably reach RMB600/kg (USD96.5/kg) before Chinese Spring Festival . “So we are in no rush to seal the deal, and may wait longer if the price continues to show downtrend after the New Year,” added the source.