Chinese tellurium ingot prices rise
2023-03-30 07:48:45 [Print]
BEIJING (Asian Metal) 30 Mar 23 - Chinese tellurium ingot 99
A trader in Southern China mentioned that they offer RMB600/kg (USD87.14/kg) EXW D/P for tellurium ingot 99.99%min at present and refuse to lower the price below to RMB598/kg (USD86.85/kg) EXW D/P even for firm bids, while they still could accept RMB595/kg (USD86.42/kg) EXW D/P last week . They last sold around 1.5t at RMB598/kg (USD86.85/kg) EXW D/P early this week and earlier sold around 500kg at RMB595/kg (USD86.42/kg) EXW D/P one week ago . The source said, "Our consumers' demand keeps strong, while we only could sell no more than 5t a month . We think that the mainstream prices of Chinese tellurium ingot 99 . 99%min would stay firm within this week in the coming week due to tight supply in the spot market."
The trader, based on a regular monthly trading volume of 5t of tellurium ingot 99.99%min, expects to sell around 5t in March, unchanged from last month . They hold no stock now, in line with the end of last month . They expect to sell around 5t this month, unchanged MoM . They sold around 60t in 2022 and around 10t in the past two months in 2023.
"We offer RMB605/kg (USD87.87/kg) EXW D/P for tellurium ingot 99.99%min now and refuse to lower the price even for firm bids, while we still could accept RMB602/kg (USD87.44/kg) EXW D/P last week," another trader in Southern China disclosed, adding that they just sold around 300kg at RMB602/kg (USD87.44/kg) EXW D/P at the end of last week . Their consumers generally watch the market with enough stocks now . They expect that the mainstream prices of Chinese tellurium ingot 99 . 99%min would remain firm in the coming two days of this week supported by firm prices from producers now.
The trader, having a regular monthly trading volume of 4t of tellurium ingot 99.99%min, holds around no inventory now, down by about 3t from the end of last month . They expect to sell around 3 . 5t this month and sold around 4t last month . They sold around 40t totally in 202 and about 7t so far in 2023.
. 99%min market movement actively and most downstream consumers build stocks actively in view of higher prices from suppliers . Currently, the mainstream prices of Chinese tellurium ingot 99.99%min increase to RMB590-600/kg (USD85 . 69-87.14/kg) EXW D/P, up by RMB5/kg (USD0.73/kg) from late last week . Market participants believe that the prevailing prices of Chinese tellurium ingot 99 . 99%min would stay firm within this week supported by firm prices from suppliers and tight supply in the spot market.
A trader in Southern China mentioned that they offer RMB600/kg (USD87.14/kg) EXW D/P for tellurium ingot 99.99%min at present and refuse to lower the price below to RMB598/kg (USD86.85/kg) EXW D/P even for firm bids, while they still could accept RMB595/kg (USD86.42/kg) EXW D/P last week . They last sold around 1.5t at RMB598/kg (USD86.85/kg) EXW D/P early this week and earlier sold around 500kg at RMB595/kg (USD86.42/kg) EXW D/P one week ago . The source said, "Our consumers' demand keeps strong, while we only could sell no more than 5t a month . We think that the mainstream prices of Chinese tellurium ingot 99 . 99%min would stay firm within this week in the coming week due to tight supply in the spot market."
The trader, based on a regular monthly trading volume of 5t of tellurium ingot 99.99%min, expects to sell around 5t in March, unchanged from last month . They hold no stock now, in line with the end of last month . They expect to sell around 5t this month, unchanged MoM . They sold around 60t in 2022 and around 10t in the past two months in 2023.
"We offer RMB605/kg (USD87.87/kg) EXW D/P for tellurium ingot 99.99%min now and refuse to lower the price even for firm bids, while we still could accept RMB602/kg (USD87.44/kg) EXW D/P last week," another trader in Southern China disclosed, adding that they just sold around 300kg at RMB602/kg (USD87.44/kg) EXW D/P at the end of last week . Their consumers generally watch the market with enough stocks now . They expect that the mainstream prices of Chinese tellurium ingot 99 . 99%min would remain firm in the coming two days of this week supported by firm prices from producers now.
The trader, having a regular monthly trading volume of 4t of tellurium ingot 99.99%min, holds around no inventory now, down by about 3t from the end of last month . They expect to sell around 3 . 5t this month and sold around 4t last month . They sold around 40t totally in 202 and about 7t so far in 2023.