Monthly Germanium Market Report Mar 2019
2019-04-11 18:00:28 【Print】
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1. Market Highlights
Mainstream prices for Chinese germanium metal 99.99%min kept falling in March, with the spot market seeing limited transactions . Most consumers were pessimistic about the market outlook, delaying purchases or refusing to hold excessive stocks . Producers lowered their prices actively for more orders, especially in late March when the VAT rate cut was approaching . Insiders predicted that prices for the material would move down further in the coming week as there was no great improvement in downstream demand and suppliers competed fiercely.
Mainstream prices for Chinese germanium metal 99.99%min kept falling in March, with the spot market seeing limited transactions . Most consumers were pessimistic about the market outlook, delaying purchases or refusing to hold excessive stocks . Producers lowered their prices actively for more orders, especially in late March when the VAT rate cut was approaching . Insiders predicted that prices for the material would move down further in the coming week as there was no great improvement in downstream demand and suppliers competed fiercely.