Chinese tellurium ingot prices rise
2023-03-30 07:48:45 [Print]
BEIJING (Asian Metal) 30 Mar 23 - Chinese tellurium ingot 99.99%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.
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.
