Chinese tellurium ingot prices keep stable
2023-04-26 08:29:27 [Print]
BEIJING (Asian Metal) 26 Apr 23 - Chinese tellurium ingot 99.99%min producers generally insist on their prices at present and wait for consumers to bid. Currently, the mainstream prices of Chinese tellurium ingot 99.99%min keep firm at RMB595-605/kg (USD85.96-87.40/kg) EXW D/P, in line with the end of last week. Market participants forecast that the prevailing prices of Chinese tellurium ingot 99.99%min would stay unchanged till the end of April supported by firm prices from producers and wait-and-see attitudes from downstream consumers.
A South-China-based consumer disclosed that their regular suppliers offer RMB600/kg (USD86.68/kg) EXW D/P for tellurium ingot 99.99%min presently and refuse to lower the price even for firm bids, unchanged from late last week. As they last purchased around 2t at RMB595/kg (USD85.96/kg) EXW D/P early April and still hold around 3t of stocks now, they have no plan to build more stock within this month. The source said, "We are of the opinion that the mainstream prices of Chinese tellurium ingot 99.99%min would remain stable in rest days of this week due to unchanged prices from suppliers now."
The consumer, based on a consumption capacity of 72tpy of tellurium ingot 99.99%min, holds around 3t of stocks now, almost unchanged from the end of March. They expect to consume around 3.5t this month, the same as last month. They consumed about 40t in 2022 and around 10t so far in 2023.
A producer in southern China noted that they insist on RMB600/kg (USD86.68/kg) EXW D/P for tellurium ingot 99.99%min at present even for firm bids, the same as last week. As they keep in no hurry to sell, they prefer to stay the price firm within this week and wait for consumers to bid. They last sold around 2t at RMB605/kg (USD87.40/kg) EXW D/P at the end of last week and also failed to sell another 2t at RMB600/kg (USD86.68/kg) EXW D/P to a consumer, who ever refused to bid higher than this price. The source said, "We expect that the mainstream prices of Chinese tellurium ingot 99.99%min would stay steady in the coming week in view of firm prices from producers currently."
The producer, with a production capacity of 60tpy of tellurium ingot 99.99%min, expects to produce about 5t this month, the same as last month. They hold more than 100t of stocks now, in line with the end of last month. They produced about 50t in 2022 and around 14t so far in 2023.
A South-China-based consumer disclosed that their regular suppliers offer RMB600/kg (USD86.68/kg) EXW D/P for tellurium ingot 99.99%min presently and refuse to lower the price even for firm bids, unchanged from late last week. As they last purchased around 2t at RMB595/kg (USD85.96/kg) EXW D/P early April and still hold around 3t of stocks now, they have no plan to build more stock within this month. The source said, "We are of the opinion that the mainstream prices of Chinese tellurium ingot 99.99%min would remain stable in rest days of this week due to unchanged prices from suppliers now."
The consumer, based on a consumption capacity of 72tpy of tellurium ingot 99.99%min, holds around 3t of stocks now, almost unchanged from the end of March. They expect to consume around 3.5t this month, the same as last month. They consumed about 40t in 2022 and around 10t so far in 2023.
A producer in southern China noted that they insist on RMB600/kg (USD86.68/kg) EXW D/P for tellurium ingot 99.99%min at present even for firm bids, the same as last week. As they keep in no hurry to sell, they prefer to stay the price firm within this week and wait for consumers to bid. They last sold around 2t at RMB605/kg (USD87.40/kg) EXW D/P at the end of last week and also failed to sell another 2t at RMB600/kg (USD86.68/kg) EXW D/P to a consumer, who ever refused to bid higher than this price. The source said, "We expect that the mainstream prices of Chinese tellurium ingot 99.99%min would stay steady in the coming week in view of firm prices from producers currently."
The producer, with a production capacity of 60tpy of tellurium ingot 99.99%min, expects to produce about 5t this month, the same as last month. They hold more than 100t of stocks now, in line with the end of last month. They produced about 50t in 2022 and around 14t so far in 2023.
