Chinese germanium metal prices stay firm
2023-03-15 08:30:14 [Print]
BEIJING (Asian Metal) 15 Mar 23 - Chinese germanium metal 99
A consumer in Southern China noted that their regular suppliers generally offer RMB8,800/kg (USD1,280/kg) EXW D/P for germanium metal 99.99%min and most of them only sell the materials to regular downstream consumers, in line with early this week. They last purchased around 500kg at RMB8,800/kg (USD1,280/kg) EXW D/P early last week and earlier purchased around 300kg at RMB8,700/kg (USD1,265/kg) EXW D/P late February . The source said, "We expect that the mainstream prices of Chinese germanium metal 99 . 99%min would keep firm in rest days of this week considering that most producers hold back from selling."
The consumer, based on a consumption capacity of 24tpy of germanium metal 99.99%min, holds around 2t of stocks now, unchanged from the end of February . They expect to consume around 2t this month, almost the same as last month . They consumed around 20t totally in 2022 and around 4t till now in 2023.
A trader in Southern China mentioned that one of their regular suppliers offers RMB9,200/kg (USD1,338/kg) EXW D/P for germanium metal 99.99%min now for firm bids no more than 50kg, unchanged from early this week . As they did not close any deal, they also did not build any stock in the past two weeks with wait-and-see attitudes. They last purchased around 40kg at RMB8,300/kg (USD1,207/kg) EXW D/P at the beginning of last month . The source said, "We think that the mainstream prices of Chinese germanium metal 99 . 99%min would stay firm in the coming week in view of stable prices from suppliers."
The trader, with a regular monthly trading volume of 20kg of germanium metal 99.99%min, holds no stock presently, unchanged from the end of February . They expect to sell around 20kg this month, while sold almost 40kg last month . They sold around 200kg in 2022 and about 40kg since early 2023.
. 99%min market saw strong offers from producers, who generally watch the market and the raw materials' supply stays tight . The current mainstream prices of Chinese germanium metal 99.99%min hover at RMB8,550-8,950/kg (USD1,243-1,302/kg) EXW D/P, an increase of RMB50/kg (USD7.27/kg) from the end of last week . Insiders believe that the prevailing prices of Chinese germanium metal 99 . 99%min would stay strong in the coming week in view of firm prices from producers now.
A consumer in Southern China noted that their regular suppliers generally offer RMB8,800/kg (USD1,280/kg) EXW D/P for germanium metal 99.99%min and most of them only sell the materials to regular downstream consumers, in line with early this week. They last purchased around 500kg at RMB8,800/kg (USD1,280/kg) EXW D/P early last week and earlier purchased around 300kg at RMB8,700/kg (USD1,265/kg) EXW D/P late February . The source said, "We expect that the mainstream prices of Chinese germanium metal 99 . 99%min would keep firm in rest days of this week considering that most producers hold back from selling."
The consumer, based on a consumption capacity of 24tpy of germanium metal 99.99%min, holds around 2t of stocks now, unchanged from the end of February . They expect to consume around 2t this month, almost the same as last month . They consumed around 20t totally in 2022 and around 4t till now in 2023.
A trader in Southern China mentioned that one of their regular suppliers offers RMB9,200/kg (USD1,338/kg) EXW D/P for germanium metal 99.99%min now for firm bids no more than 50kg, unchanged from early this week . As they did not close any deal, they also did not build any stock in the past two weeks with wait-and-see attitudes. They last purchased around 40kg at RMB8,300/kg (USD1,207/kg) EXW D/P at the beginning of last month . The source said, "We think that the mainstream prices of Chinese germanium metal 99 . 99%min would stay firm in the coming week in view of stable prices from suppliers."
The trader, with a regular monthly trading volume of 20kg of germanium metal 99.99%min, holds no stock presently, unchanged from the end of February . They expect to sell around 20kg this month, while sold almost 40kg last month . They sold around 200kg in 2022 and about 40kg since early 2023.