European germanium metal market runs smoothly
2023-03-24 11:47:05 [Print]
BEIJING (Asian Metal) 24 Mar 23 - European germanium metal 99
A consumer in Europe noted that their regular suppliers generally insist on USD1,300/kg in warehouse Rotterdam for germanium metal 99.99%min now and few of them could accept any lower price even for firm bids, unchanged from the end of last week. They last purchased around 300kg at USD1,200/kg CIF warehouse Rotterdam early last week and usually purchase once a month, so they would like to watch the market in rest days of this month . The source said, "We believe that the mainstream prices of European germanium metal 99 . 99%min would stay stable in the upcoming week due to firm prices from suppliers now."
The consumer, with a consumption capacity of 6tpy of germanium metal 99.99%min, expects to consume around 300kg this month, in line with last month . They hold around 500kg of stocks now, unchanged from the end of last month . They consumed around 3 . 6t in 2022 and around 600kg till now in 2023.
A trader in Europe disclosed that they insist on USD1,500/kg in warehouse Rotterdam for germanium metal 99.99%min even for firm bids no more than 50kg now, in line with last week. They last sold around 40kg at USD1,500/kg in warehouse Rotterdam in the middle of last month and then kept watching the market till now . "We forecast that the mainstream prices of European germanium metal 99 . 99%min would stay firm in the following week due to firm prices from suppliers presently," the source said.
The trader, based on a regular month trading volume of 100kg of germanium metal 99.99%min, expects to close no deal this month and sold around 100kg last month . They hold about 200kg of inventory presently, the same as late last month . They sold about 1 . 2t in 2022 and about 100kg so far in 2023.
. 99%min market ran smoothly over the past week and most downstream consumers kept purchasing from hand to mouth . Driven by firm import prices, most suppliers also insisted on their prices and waited for consumers to bid . The current prevailing prices of European germanium metal 99.99%min hover at USD1,270-1,320/kg in warehouse Rotterdam, in line with the end of last week . Insiders are of the opinion that the mainstream prices of European germanium metal 99 . 99%min would stay firm in the coming week supported by firm prices from suppliers at present.
A consumer in Europe noted that their regular suppliers generally insist on USD1,300/kg in warehouse Rotterdam for germanium metal 99.99%min now and few of them could accept any lower price even for firm bids, unchanged from the end of last week. They last purchased around 300kg at USD1,200/kg CIF warehouse Rotterdam early last week and usually purchase once a month, so they would like to watch the market in rest days of this month . The source said, "We believe that the mainstream prices of European germanium metal 99 . 99%min would stay stable in the upcoming week due to firm prices from suppliers now."
The consumer, with a consumption capacity of 6tpy of germanium metal 99.99%min, expects to consume around 300kg this month, in line with last month . They hold around 500kg of stocks now, unchanged from the end of last month . They consumed around 3 . 6t in 2022 and around 600kg till now in 2023.
A trader in Europe disclosed that they insist on USD1,500/kg in warehouse Rotterdam for germanium metal 99.99%min even for firm bids no more than 50kg now, in line with last week. They last sold around 40kg at USD1,500/kg in warehouse Rotterdam in the middle of last month and then kept watching the market till now . "We forecast that the mainstream prices of European germanium metal 99 . 99%min would stay firm in the following week due to firm prices from suppliers presently," the source said.
The trader, based on a regular month trading volume of 100kg of germanium metal 99.99%min, expects to close no deal this month and sold around 100kg last month . They hold about 200kg of inventory presently, the same as late last month . They sold about 1 . 2t in 2022 and about 100kg so far in 2023.