Germanium Market Report November 2015
2015-12-24 15:24:15 【Print】
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In November, the Chinese germanium metal 99
. 99%min market was quiet on the whole with limited spot activity, showing no signs of improvement as we approach the end of the year . End users still mainly focused on consuming stocks and only made minor purchases in the spot market when necessary . Larger producers were in no hurry to cut prices to promote sales as they found the pressure on stocks relieved thanks to the 30t of national reserves at year-end, and hence were firm on their quotations . According to the statistics from Asian Metal, China produced 8,200kg of germanium metal 99 . 99%min in October, down slightly by 3 . 5% compared with 8,500kg in September, although output was almost stable as a whole . Altogether, nine producers are still in production currently, four of them from Yunnan, two from Inner Mongolia and one each from Jiangsu, Guangdong and Hunan . It is anticipated that producers who remain active are unlikely to reduce their output further in the first two months of 2016.