Monthly Germanium Market Report Jul 2022

Content

1 Market Highlights 2
2.1 GACC: China's import and export value of foreign trade up by 9.4% YoY in Jan-Jun 2
2.2 IMF again cuts global economy growth forecast for 2022 and 2023 2
3 Market Movements 2
3.1 Chinese Market 2
3.1.Asian Metal Copyright1 Germanium metal 99.Asian Metal Copyright1 Germanium metal 99.99%min EXW D/P 2
3.1.Asian Metal Copyright In specific, the export value was RMB11.Asian Metal Copyright2 Germanium dioxide 99.99%min EXW D/P 2
3.2 Chinese Export Market 2
3.2.Asian Metal Copyright3 Germanium Dioxide 99.Asian Metal Copyright1 Germanium metal 99.99%min FOB China 2
3.2.Asian Metal Copyright Graph 9 Chinese germanium metal producers' operating rate by province from 2021-07 to 2022-07 % Table 1 Chinese germanium metal producers' operating rate by province from 2021-06 to 2022-06 Province 202107 202206 202207 MoM YoY Other 61.Asian Metal Copyright2 Germanium Dioxide 99.99%min FOB China 2
3.3 International Market 3
3.3.Asian Metal Copyright99%min producers continued moving down the prices, while the market still witnessed inactive deals due to weak demand from consumers.Asian Metal Copyright1 Germanium metal 99.99%min in Rotterdam Warehouse 3
3.3.Asian Metal Copyright17% MoM in Jul 2022 4 6 Export Statistics 4 6.Asian Metal Copyright2 Germanium metal 99.99%min Delivered America 3
3.3.Asian Metal Copyright63% -7.Asian Metal Copyright3 Germanium Dioxide 99.99%min Delivered America 3
4 Company News 3
4.1 B Nyrstar plans to expand Clarksville plant with $90 mln germanium, gallium processing facility 3
5 Producers Statistics 3
5.1 AM Stats: Chinese germanium metal producers' operating rate down by 9.63% MoM in Jul 2022 3
5.2 AM Stats: Chinese germanium metal producers' output down by 9.62% MoM in Jul 2022 4
5.3 AM Stats: Chinese germanium metal producers' stocks down by 29.17% MoM in Jul 2022 4
6 Export Statistics 4
6.1 China's wrought germanium export volume increased by 58.66% MoM in Jun 2022 4
7 Market Outlook for Next Month 5
7.1 Germanium metal 99.99%min EXW China 5
7.2 Germanium metal 99.99%min FOB China 5
7.3 Germanium dioxide 99.99%min EXW China 5
7.4 Germanium dioxide 99.99%min FOB China 5
7.5 Germanium metal 99.99%min in warehouse Rotterdam 5
7.6 Germanium metal 99.99%min Delivered America 5
7.7 Germanium dioxide 99.99%min Delivered America 5

Graph

Graph 1 Chinese germanium metal 99.99%min price trend from 2022-06-01 to 2022-07-31 (RMB/kg) 2
Graph 2 Chinese germanium dioxide 99.99%min price trend from 2022-06-01 to 2022-07-31 (RMB/kg) 2
Graph 3 Chinese germanium metal 99.99%min FOB price trend from 2022-06-01 to 2022-07-31 (USD/kg) 2
Graph 4 Chinese germanium dioxide 99.99%min FOB price trend from 2022-06-01 to 2022-07-31 (USD/kg) 3
Graph 5 European germanium metal 99.99%min price trend from 2022-06-01 to 2022-07-31 (USD/kg) 3
Graph 6 U.S.Asian Metal Copyright The company says that the proposed $90 million facility would process residue from the zinc plant's existing production ponds.Asian Metal Copyright germanium metal 99.99%min price trend from 2022-06-01 to 2022-07-31 (USD/kg) 3
Graph 7 U.S.Asian Metal Copyright66 trillion USD1.Asian Metal Copyright germanium dioxide 99.99%min price trend from 2022-06-01 to 2022-07-31 (USD/kg) 3
Graph 8 Chinese germanium metal producers' operating rate from 2021-07 to 2022-07 (%) 3
Graph 9 Chinese germanium metal producers' operating rate by province from 2021-07 to 2022-07 (%) 3
Graph 10 Chinese germanium metal producers' monthly output from 2021-07 to 2022-07 (kg) 4
Graph 11 Chinese germanium metal producers' monthly output from 2021-07 to 2022-07 by province (kg) 4
Graph 12 Chinese germanium metal producers' monthly stocks from 2021-07 to 2022-07 (kg) 4
Graph 13 Chinese germanium metal producers' monthly stocks by major province from 2021-07 to 2022-07 (kg) 4
Graph 14 China's exports of germanium metal by month from 2021-06 to 2022-06 (kg) 4
Graph 15 China's monthly exports of germanium metal by major destination from 2021-06 to 2022-06 (kg) 5

Table

Table 1 Chinese germanium metal producers' operating rate by province from 2021-06 to 2022-06 4
Table 2 Chinese germanium metal producers' monthly output from 2021-06 to 2022-06 by province (kg) 4
Table 3 Chinese germanium metal producers' monthly stocks by major province from 2021-06 to 2022-06 (kg) 4
Table 4 China's monthly exports of germanium metal by major destination from 2021-06 to 2022-06 (kg) 5

1 Market Highlights

During June, Chinese germanium metal 99.99%min market ran slowly as most downstream consumers remained watching the market with enough stocks and suppliers generally had to move down the prices further to compete for orders.

In June, due to inactive inquiries from overseas buyers, Chinese germanium metal 99.99%min export market ran slowly and exporters generally moved down the export prices further.

During this month, due to unchanged demand from buyers, both European and American germanium metal 99.99%min market movement slowly with inactive deals due to soft demand from downstream consumers.

Since early July, to compete for orders, most Chinese germanium metal 99.99%min producers continued moving down the prices, while the market still witnessed inactive deals due to weak demand from consumers.

During this month, in view of wait-and-see attitudes from overseas buyers, Chinese germanium metal 99.99%min exporters generally lower the export prices and the export market ran slowly.

In July, as most downstream consumers purchased from hand to mouth with soft demand, both European and American germanium metal 99.99%min market ran slowly.

2. Economy and Policy
2.1 GACC: China's import and export value of foreign trade up by 9.4% YoY in Jan-Jun

General Administration of Customs of China (GACC) announced that in the first half year of 2022, China's total import and export value of foreign trade was RMB19.8 trillion (USD2.Asian Metal Copyright17% -9.Asian Metal Copyright95 trillion), an increase of 9.Asian Metal Copyright99%min FOB China Graph 4 Chinese germanium dioxide 99.Asian Metal Copyright4% YoY.Asian Metal CopyrightS.Asian Metal Copyright In specific, the export value was RMB11.Asian Metal Copyright28% -29.Asian Metal Copyright14 trillion (USD1.Asian Metal Copyright99%min continued going down from USD800-830kg FOB China late last month to USD740-770kg FOB China till the end of this month.Asian Metal Copyright66 trillion), up by 13.Asian Metal Copyright1 Germanium metal 99.Asian Metal Copyright2% YoY, and the import value was RMB8.Asian Metal Copyright99%min remained declining from RMB5,400-5,600kg USD801-831kg EXW DP at the end of June to RMB5,000-5,200kg USD742-771kg EXW DP till the end of this month.Asian Metal Copyright66 trillion (USD1.Asian Metal Copyright99%min FOB China 2 3.Asian Metal Copyright29 trillion), up by 4.Asian Metal Copyright66% MoM in Jun 2022 Graph 14 China's exports of germanium metal by month from 2021-06 to 2022-06 kg In June 2022, China exported 1,433kg of wrought germanium metal, down by 44.Asian Metal Copyright8% YoY.

2.2 IMF again cuts global economy growth forecast for 2022 and 2023

The International Monetary Fund (IMF) on July 26 lowered its forecast for global economic growth for 2022 and 2023 to 3.2% and 2.Asian Metal Copyright11% in July 2022, down by 7.Asian Metal Copyright9% respectively.Asian Metal Copyright3 International Market 3 3.Asian Metal Copyright This came after IMF cut its forecast for global economic growth in April.

3 Market Movements
3.1 Chinese Market
3.1.Asian Metal Copyright 7.Asian Metal Copyright1 Germanium metal 99.99%min EXW D/P

Graph 1 Chinese germanium metal 99.99%min price trend from 2022-06-01 to 2022-07-31 (RMB/kg)


In July, the mainstream prices of Chinese germanium metal 99.99%min kept moving down by RMB200/kg (USD30/kg) from the end of last month to RMB8,300-8,700/kg (USD1,231-1,291/kg) EXW D/P.Asian Metal Copyright2.Asian Metal Copyright Suppliers generally moved down the prices to compete for orders and the market stayed quiet.

3.1.Asian Metal Copyright66% MoM in Jun 2022 4 7 Market Outlook for Next Month 5 7.Asian Metal Copyright2 Germanium dioxide 99.99%min EXW D/P

Graph 2 Chinese germanium dioxide 99.99%min price trend from 2022-06-01 to 2022-07-31 (RMB/kg)


In July, the prevailing prices of Chinese germanium dioxide 99.99%min remained declining from RMB5,400-5,600/kg (USD801-831/kg) EXW D/P at the end of June to RMB5,000-5,200/kg (USD742-771/kg) EXW D/P till the end of this month.Asian Metal Copyright85% -39.Asian Metal Copyright The market movement slowly with inactive deals.

3.2 Chinese Export Market
3.2.Asian Metal Copyright63% MoM in Jul 2022 Graph 8 Chinese germanium metal producers' operating rate from 2021-07 to 2022-07 % According to statistics from Asian Metal Database, Chinese germanium metal 99.Asian Metal Copyright1 Germanium metal 99.99%min FOB China

Graph 3 Chinese germanium metal 99.99%min FOB price trend from 2022-06-01 to 2022-07-31 (USD/kg)


Since early July, the mainstream export prices of Chinese germanium metal 99.99%min declined by USD80/kg from the end of last month to USD1,120-1,170/kg FOB China.Asian Metal Copyright 3.Asian Metal Copyright Chinese germanium metal 99.Asian Metal Copyright Graph 9 Chinese germanium metal producers' operating rate by province from 2021-07 to 2022-07 % Table 1 Chinese germanium metal producers' operating rate by province from 2021-06 to 2022-06 Province 202107 202206 202207 MoM YoY Other 61.Asian Metal Copyright99%min exporters generally moved down the export prices further to promote sales.

3.2.Asian Metal Copyright 7.Asian Metal Copyright2 Germanium Dioxide 99.99%min FOB China

Graph 4 Chinese germanium dioxide 99.99%min FOB price trend from 2022-06-01 to 2022-07-31 (USD/kg)


In July, the prevailing export prices of Chinese germanium dioxide 99.99%min continued going down from USD800-830/kg FOB China late last month to USD740-770/kg FOB China till the end of this month.Asian Metal Copyright53% Japan 402 391 478 22.Asian Metal Copyright The export market stayed quiet and most exporters had to move down the export further to compete for orders.

3.3 International Market
3.3.Asian Metal Copyright7 Germanium dioxide 99.Asian Metal Copyright1 Germanium metal 99.99%min in Rotterdam Warehouse

Graph 5 European germanium metal 99.99%min price trend from 2022-06-01 to 2022-07-31 (USD/kg)


This month, the mainstream prices of European germanium metal 99.99%min moved down from USD1,250-1,300/kg delivered European late last month to USD1,150-1,200/kg delivered European. The market stayed quiet during the summer holiday

3.3.Asian Metal Copyright 5 Producers Statistics 5.Asian Metal Copyright2 Germanium metal 99.99%min Delivered America

Graph 6 U.S.Asian Metal Copyright1 GACC: China's import and export value of foreign trade up by 9.Asian Metal Copyright germanium metal 99.99%min price trend from 2022-06-01 to 2022-07-31 (USD/kg)


In July, the mainstream prices of American germanium metal 99.99%min kept soft, hovering at USD1,150-1,200/kg delivered American at the end of this month, down by USD200/kg from late June.Asian Metal Copyright99%min EXW DP 2 3.Asian Metal Copyright The market ran slowly and most downstream consumers purchased from hand to mouth.

3.3.Asian Metal Copyright2 Germanium Dioxide 99.Asian Metal Copyright3 Germanium Dioxide 99.99%min Delivered America

Graph 7 U.S.Asian Metal Copyright3.Asian Metal Copyright germanium dioxide 99.99%min price trend from 2022-06-01 to 2022-07-31 (USD/kg)


Since early July, the mainstream prices of American germanium dioxide 99.99%min stayed decreasing from USD950-1,000/kg delivered American at the end of last month to USD830-860/kg delivered American.Asian Metal Copyright This came after IMF cut its forecast for global economic growth in April.Asian Metal Copyright Most suppliers lowered the prices to compete for orders, while the market ran slowly.

4 Company News
4.1 B Nyrstar plans to expand Clarksville plant with $90 mln germanium, gallium processing facility

Belgium-based Nyrstar is planning to expand operations at its Clarksville zinc plant in Tennessee with the addition of a new gallium and germanium processing facility, one which will make Clarksville the top provider of those metals in the U.S.Asian Metal Copyright17% -23.Asian Metal Copyright The company says that the proposed $90 million facility would process residue from the zinc plant's existing production ponds.Asian Metal Copyright99%min Delivered America 5 Graph Graph 1 Chinese germanium metal 99.Asian Metal Copyright It's estimated that the new facility could produce about 40 tons of germanium and 30 tons of gallium in Tennessee annually, meeting roughly 80% of the U.Asian Metal Copyright 7.Asian Metal CopyrightS.Asian Metal Copyright3 Germanium dioxide 99.Asian Metal Copyright's germanium and gallium needs.

5 Producers Statistics
5.1 AM Stats: Chinese germanium metal producers' operating rate down by 9.63% MoM in Jul 2022

Graph 8 Chinese germanium metal producers' operating rate from 2021-07 to 2022-07 (%)


According to statistics from Asian Metal Database, Chinese germanium metal 99.99%min producers' operating rate was 55.Asian Metal Copyright00% Total 2,563 3,466 1,433 -58.Asian Metal Copyright11% in July 2022, down by 7.Asian Metal Copyright17% MoM in Jul 2022 4 6 Export Statistics 4 6.Asian Metal Copyright38% from July 2021, and a decrease of 9.Asian Metal Copyright1 Germanium metal 99.Asian Metal Copyright63% from last month in 2021.

Graph 9 Chinese germanium metal producers' operating rate by province from 2021-07 to 2022-07 (%)


Table 1 Chinese germanium metal producers' operating rate by province from 2021-06 to 2022-06
Province 202107 202206 202207 MoM YoY
Other 61.82% 61.Asian Metal Copyright1 Germanium metal 99.Asian Metal Copyright82% 65.Asian Metal Copyright17% MoM in Jul 2022 Graph 12 Chinese germanium metal producers' monthly stocks from 2021-07 to 2022-07 kg According to statistics from Asian Metal Database, Chinese germanium metal producers' stocks was 8,500kg in July 2022, a decrease of 29.Asian Metal Copyright45% 5.Asian Metal Copyright53% Japan 402 391 478 22.Asian Metal Copyright87% 5.87%
Yunnan 56.50% 60.Asian Metal Copyright1 GACC: China's import and export value of foreign trade up by 9.Asian Metal Copyright00% 43.Asian Metal Copyright1.Asian Metal Copyright10% -28.Asian Metal Copyright 7.Asian Metal Copyright17% -23.72%
Total 59.50% 60.Asian Metal Copyright The market ran slowly and most downstream consumers purchased from hand to mouth.Asian Metal Copyright98% 55.Asian Metal Copyright Suppliers generally moved down the prices to compete for orders and the market stayed quiet.Asian Metal Copyright11% -9.Asian Metal Copyright99%min in warehouse Rotterdam 5 7.Asian Metal Copyright63% -7.38%

5.2 AM Stats: Chinese germanium metal producers' output down by 9.62% MoM in Jul 2022

Graph 10 Chinese germanium metal producers' monthly output from 2021-07 to 2022-07 (kg)


According to the statistics from Asian Metal Database, Chinese germanium metal 99.99%min producers produced 14,100kg of germanium metal 99.Asian Metal Copyright99%min would soften next month with lower export prices from Chinese germanium metal 99.Asian Metal Copyright99%min in July 2022, down by 9.Asian Metal Copyright17% -9.Asian Metal Copyright62% last month in 2022 and a decrease of 0.Asian Metal Copyright1 Germanium metal 99.Asian Metal Copyright35% from the same month in 2021.

Graph 11 Chinese germanium metal producers' monthly output from 2021-07 to 2022-07 by province (kg)



Table 2 Chinese germanium metal producers' monthly output from 2021-06 to 2022-06 by province (kg)
Province 202107 202206 202207 MoM YoY
Other 8,500 8,500 9,000 5.88% 5.88%
Yunnan 5,650 7,100 5,100 -28.17% -9.73%
Total 14,150 15,600 14,100 -9.62% -0.35%

5.3 AM Stats: Chinese germanium metal producers' stocks down by 29.17% MoM in Jul 2022

Graph 12 Chinese germanium metal producers' monthly stocks from 2021-07 to 2022-07 (kg)


According to statistics from Asian Metal Database, Chinese germanium metal producers' stocks was 8,500kg in July 2022, a decrease of 29.17% from last month in 2022, while there was almost no stock in July 2021.

Graph 13 Chinese germanium metal producers' monthly stocks by major province from 2021-07 to 2022-07 (kg)


Table 3 Chinese germanium metal producers' monthly stocks by major province from 2021-06 to 2022-06 (kg)
Province 202107 202206 202207 MoM YoY
Other 0 6,000 3,000 -50.00% -
Yunnan 0 6,000 5,500 -8.33% -
Total 0 12,000 8,500 -29.17% -

6 Export Statistics
6.1 China's wrought germanium export volume increased by 58.66% MoM in Jun 2022

Graph 14 China's exports of germanium metal by month from 2021-06 to 2022-06 (kg)


In June 2022, China exported 1,433kg of wrought germanium metal, down by 44.09% from the same month in 2021 and a decrease of 58.Asian Metal Copyright99%min price trend from 2022-06-01 to 2022-07-31 RMBkg 2 Graph 3 Chinese germanium metal 99.Asian Metal Copyright66% from May 2022.

Graph 15 China's monthly exports of germanium metal by major destination from 2021-06 to 2022-06 (kg)


Table 4 China's monthly exports of germanium metal by major destination from 2021-06 to 2022-06 (kg)
Country 202106 202205 202206 MoM YoY
Hongkong, China 0 0 0 - -
Russia 762 0 85 - -88.85%
Germany 745 1,828 525 -71.28% -29.53%
Japan 402 391 478 22.25% 18.91%
Belgium 498 902 299 -66.85% -39.96%
United States 155 103 20 -80.58% -87.10%
South Korea 0 7 15 114.29% #DIV/0!
Other 1 235 11 -95.32% 1000.00%
Total 2,563 3,466 1,433 -58.66% -44.09%

7 Market Outlook for Next Month
7.1 Germanium metal 99.99%min EXW China

The mainstream prices of Chinese germanium metal 99.99%min would continue moving down in August as most downstream consumers' demand still keeps weak and suppliers generally tend to lower the prices to compete for orders.

7.2 Germanium metal 99.99%min FOB China

The mainstream export prices of Chinese germanium metal 99.99%min would soften next month with lower export prices from Chinese germanium metal 99.Asian Metal CopyrightS.Asian Metal Copyright99%min exporters.

7.3 Germanium dioxide 99.99%min EXW China

The mainstream prices of Chinese germanium dioxide 99.99%min would show a downtrend in the coming month in view of limited deals in the spot market and soft prices from suppliers.

7.4 Germanium dioxide 99.99%min FOB China

The mainstream export prices of Chinese germanium dioxide 99.99%min would decline next month in the following month considering that exporters generally marked down the export prices with bearish attitudes.

7.5 Germanium metal 99.99%min in warehouse Rotterdam

The mainstream prices of European germanium metal 99.99%min would go down in the upcoming month with lower prices from suppliers during the summer holiday.

7.6 Germanium metal 99.99%min Delivered America

The mainstream prices of American germanium metal 99.99%min would drop next month in view of decreasing prices from suppliers.

7.7 Germanium dioxide 99.99%min Delivered America

The mainstream prices of American germanium dioxide 99.99%min would decline next month in view of limited deals in the spot market.


.Asian Metal Copyright1 Germanium metal 99Asian Metal Copyright