Germanium Market Report April 2012
2012-06-20 18:20:05 【Print】
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Affected by the weak demand for raw materials from downstream industries, Chinese germanium market remained sluggish in April with few deals been concluded in the spot market
. The prices of germanium metal 99.99%min went down from RMB8,000-8,200/kg (USD1,270-1,302/kg) in early April to RMB7,200-7,400/kg (USD1,143-1,175/kg) in late April . The consumers from overseas market were unwilling to hold inventories in large volume and chose to make purchase from hand to mouth as a result of the unstable global economy . The germanium market is likely to remain weak in May .