Germanium Market Report May 2015
2015-06-29 18:43:09 【Print】
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The mainstream prices of germanium metal 99.99%min in China dropped during May with a decrease of RMB350/kg (USD56.4/kg) to RMB11,000-11,400/kg (USD1,772-1,836/kg) as the spot market continued to see rare activities
. Major producers had few intentions of lowering offers as they mainly conducted business on a long-term basis in May with stable deal price . However, small producers and traders had brought down offers significantly in order to stimulate sales, which had failed to serve their purpose due to poor demand in Chinese germanium metal market . Oversea producers were reluctant to make purchases and remained on sidelines while taking a negative view about the price trend of Chinese germanium metal 99 . 99%min.