Indium-Germanium Market Report April 2015
2015-05-29 18:18:27 【Print】
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The mainstream prices for indium ingot 99.99%min in China continued to slip further with few transactions could be seen within the spot market. Consumers kept purchasing through hand-to-mouth volume with no intention to hold stocks in hand while traders were just off the market because of the limited profit and rare deals. Many crude indium plants stopped production and indium ingot producers also reduced the output under the dull market. During April mainstream prices of indium ingot 99.99%min dropped to RMB2,100-2,200/kg (USD339-355/kg), down by RMB800/kg (USD129/kg) compared with those at the end of March.
Meanwhile, the mainstream prices for Chinese germanium metal 99.99%min also decreased by RMB350/kg (USD56/kg) to RMB11,400-11,700/kg (USD1,839-1,887/kg) during April. Though some traders found it hard to sell the material, but supported by long-term contract and self consumption, major suppliers still found the demand is ok. Downstream industry like fiber optics and infrared remained healthy, but they still purchased in small volume and held little stock in hand.
Meanwhile, the mainstream prices for Chinese germanium metal 99.99%min also decreased by RMB350/kg (USD56/kg) to RMB11,400-11,700/kg (USD1,839-1,887/kg) during April. Though some traders found it hard to sell the material, but supported by long-term contract and self consumption, major suppliers still found the demand is ok. Downstream industry like fiber optics and infrared remained healthy, but they still purchased in small volume and held little stock in hand.
