Germanium Market Report May 2013
2013-06-09 08:46:44 【Print】
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The Chinese germanium metal market saw few changes in May
. Deals in the spot market showed no signs of increasing due to weak demand. Medium and small-sized suppliers offered RMB11,200-11,500/kg (USD1,827-1,876/kg) for germanium metal 99.99%min and large-sized plants quoted RMB12,200-12,400/kg (USD1,990-2,022/kg) . Buyers remained cautious to buy the material to avoid risks . End users mainly consumed their stocks and preferred to hold wait-and-see attitudes toward the market . It is predicted that buying activities in domestic market will be unlikely to have obvious increasing evidence in the near future in China because of the weak demand . The overseas market didn’t vary in the month . Deals in the spot market kept few and buyers were in no hurry to replenish stocks as demand failed to recover . Few expected that the market will have potential to go up in the coming days .