Germanium Market Report June 2013

The Chinese germanium market saw no better signs in June. Main plants raised their quotations from RMB12,200-12,400/kg (USD1,990-2,022/kg) to RMB12,400-12,600/kg (USD2,022-2,055/kg) in the late of the month due to their insufficient stocks. While other suppliers’ offers increased from RMB11,200-11,500/kg (USD1,827-1,876/kg) to RMB11,400-11,700/kg (USD1,859-1,908/kg).Asian Metal Copyright Demand from downstream industry had no recovery signs, which led to few deals in the spot market.Asian Metal Copyright Demand from downstream industry had no recovery signs, which led to few deals in the spot market.Asian Metal Copyright While other suppliers’ offers increased from RMB11,200-11,500kg USD1,827-1,876kg to RMB11,400-11,700kg USD1,859-1,908kg.Asian Metal Copyright Market participants think the market has no much potential to recover in the near future.Asian Metal Copyright Main plants raised their quotations from RMB12,200-12,400kg USD1,990-2,022kg to RMB12,400-12,600kg USD2,022-2,055kg in the late of the month due to their insufficient stocks.Asian Metal Copyright Overseas markets kept inactive since buyers lacked enthusiasm to make procurements due to weak demand.Asian Metal Copyright Demand from downstream industry had no recovery signs, which led to few deals in the spot market.Asian Metal Copyright However, prices remained stable as the suppliers’ purchasing cost were firm.Asian Metal Copyright While other suppliers’ offers increased from RMB11,200-11,500kg USD1,827-1,876kg to RMB11,400-11,700kg USD1,859-1,908kg.Asian Metal Copyright