Chinese germanium metal prices stay firm
2023-03-15 08:30:14 [Print]
BEIJING (Asian Metal) 15 Mar 23 - Chinese germanium metal 99.99%min market saw strong offers from producers, who generally watch the market and the raw materials' supply stays tight. The current mainstream prices of Chinese germanium metal 99.99%min hover at RMB8,550-8,950/kg (USD1,243-1,302/kg) EXW D/P, an increase of RMB50/kg (USD7.27/kg) from the end of last week. Insiders believe that the prevailing prices of Chinese germanium metal 99.99%min would stay strong in the coming week in view of firm prices from producers now.
A consumer in Southern China noted that their regular suppliers generally offer RMB8,800/kg (USD1,280/kg) EXW D/P for germanium metal 99.99%min and most of them only sell the materials to regular downstream consumers, in line with early this week. They last purchased around 500kg at RMB8,800/kg (USD1,280/kg) EXW D/P early last week and earlier purchased around 300kg at RMB8,700/kg (USD1,265/kg) EXW D/P late February. The source said, "We expect that the mainstream prices of Chinese germanium metal 99.99%min would keep firm in rest days of this week considering that most producers hold back from selling."
The consumer, based on a consumption capacity of 24tpy of germanium metal 99.99%min, holds around 2t of stocks now, unchanged from the end of February. They expect to consume around 2t this month, almost the same as last month. They consumed around 20t totally in 2022 and around 4t till now in 2023.
A trader in Southern China mentioned that one of their regular suppliers offers RMB9,200/kg (USD1,338/kg) EXW D/P for germanium metal 99.99%min now for firm bids no more than 50kg, unchanged from early this week. As they did not close any deal, they also did not build any stock in the past two weeks with wait-and-see attitudes. They last purchased around 40kg at RMB8,300/kg (USD1,207/kg) EXW D/P at the beginning of last month. The source said, "We think that the mainstream prices of Chinese germanium metal 99.99%min would stay firm in the coming week in view of stable prices from suppliers."
The trader, with a regular monthly trading volume of 20kg of germanium metal 99.99%min, holds no stock presently, unchanged from the end of February. They expect to sell around 20kg this month, while sold almost 40kg last month. They sold around 200kg in 2022 and about 40kg since early 2023.
A consumer in Southern China noted that their regular suppliers generally offer RMB8,800/kg (USD1,280/kg) EXW D/P for germanium metal 99.99%min and most of them only sell the materials to regular downstream consumers, in line with early this week. They last purchased around 500kg at RMB8,800/kg (USD1,280/kg) EXW D/P early last week and earlier purchased around 300kg at RMB8,700/kg (USD1,265/kg) EXW D/P late February. The source said, "We expect that the mainstream prices of Chinese germanium metal 99.99%min would keep firm in rest days of this week considering that most producers hold back from selling."
The consumer, based on a consumption capacity of 24tpy of germanium metal 99.99%min, holds around 2t of stocks now, unchanged from the end of February. They expect to consume around 2t this month, almost the same as last month. They consumed around 20t totally in 2022 and around 4t till now in 2023.
A trader in Southern China mentioned that one of their regular suppliers offers RMB9,200/kg (USD1,338/kg) EXW D/P for germanium metal 99.99%min now for firm bids no more than 50kg, unchanged from early this week. As they did not close any deal, they also did not build any stock in the past two weeks with wait-and-see attitudes. They last purchased around 40kg at RMB8,300/kg (USD1,207/kg) EXW D/P at the beginning of last month. The source said, "We think that the mainstream prices of Chinese germanium metal 99.99%min would stay firm in the coming week in view of stable prices from suppliers."
The trader, with a regular monthly trading volume of 20kg of germanium metal 99.99%min, holds no stock presently, unchanged from the end of February. They expect to sell around 20kg this month, while sold almost 40kg last month. They sold around 200kg in 2022 and about 40kg since early 2023.
