Germanium Market Report November 2012
2012-12-19 08:52:45 【Print】
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The germanium metal market fluctuated slightly in November with prices changing
. At the beginning of the month, rates of germanium metal 99.99%min declined slightly from RMB10,900-11,100/kg (USD1,750-1,782/kg) to RMB10,800-11,000/kg (USD1,734-1,766/kg) with a down range of RMB100/kg (USD16/kg) . However, influenced by the CSR’s storage, rates of germanium metal 99.99%min rebounded to RMB11,000-11,200/kg (USD1,766-1,798/kg) at the end of November . Moreover, demand from downstream industry remains weak currently and is estimated to be unlikely to increase in the coming weeks . The market moved sluggishly in November and few buying activities could be seen in the spot market . It is predicted that the market will fluctuate in the near future due to the storage . However, since demand shows no increasing trend, the range will be small .