Chinese tellurium ingot prices increase
2024-03-04 08:26:06 [Print]
BEIJING (Asian Metal) 4 Mar 24 - Chinese tellurium ingot 99.99%min producers generally moved up the prices over the past week supported by limited stocks held by producers and the market ran smoothly with stable deals. Currently, the mainstream prices of Chinese tellurium ingot 99.99%min rise to RMB555-565/kg (USD77.15-78.54/kg) EXW D/P, up by RMB5/kg (USD0.70/kg) from one week ago. Insiders believed that the prevailing prices of Chinese tellurium ingot 99.99%min would remain steady in the upcoming days given the limited stocks held by suppliers.
A producer in Hunan noted that they considered selling tellurium ingot 99.99%min at prices no less than RMB565/kg (USD78.54/kg) EXW D/P at present, while they considered selling at the price as low as RMB560/kg (USD77.84/kg) early last week. They last sold around 3t at RMB565/kg (USD78.54/kg) late last week. The producer said, "The downstream purchased as scheduled and we had no stocks for selling now". They intended to firm their prices and forecasted that the mainstream prices of Chinese tellurium ingot 99.99%min would keep steady in the upcoming days.
The producer, with a production capacity of 60tpy of tellurium ingot 99.99%min, expects to produce around 3t in March and produced about 2t in February. They hold no stock presently, in line with the end of last month.
A producer in Southern China mentioned that they quoted RMB565/kg (USD78.54/kg) EXW D/P for tellurium ingot 99.99%min and refused any counteroffer presently, while they could accepted the price as low as RMB560/kg (USD77.84/kg) one week ago. They last sold around 5t at RMB565/kg (USD78.54/kg) early this week. "We expect that the mainstream prices of Chinese tellurium ingot 99.99%min would keep stable in the upcoming week due to the tight supply in the spot market", the producer said.
The producer, with a production capacity of 100tpy of tellurium ingot 99.99%min, expected to produce around 5t this month, in line with last month. They hold no stock presently, down by about 5t from the end of last month. They produced around 55t in 2023 and about 10t till now in 2024.
A producer in Hunan noted that they considered selling tellurium ingot 99.99%min at prices no less than RMB565/kg (USD78.54/kg) EXW D/P at present, while they considered selling at the price as low as RMB560/kg (USD77.84/kg) early last week. They last sold around 3t at RMB565/kg (USD78.54/kg) late last week. The producer said, "The downstream purchased as scheduled and we had no stocks for selling now". They intended to firm their prices and forecasted that the mainstream prices of Chinese tellurium ingot 99.99%min would keep steady in the upcoming days.
The producer, with a production capacity of 60tpy of tellurium ingot 99.99%min, expects to produce around 3t in March and produced about 2t in February. They hold no stock presently, in line with the end of last month.
A producer in Southern China mentioned that they quoted RMB565/kg (USD78.54/kg) EXW D/P for tellurium ingot 99.99%min and refused any counteroffer presently, while they could accepted the price as low as RMB560/kg (USD77.84/kg) one week ago. They last sold around 5t at RMB565/kg (USD78.54/kg) early this week. "We expect that the mainstream prices of Chinese tellurium ingot 99.99%min would keep stable in the upcoming week due to the tight supply in the spot market", the producer said.
The producer, with a production capacity of 100tpy of tellurium ingot 99.99%min, expected to produce around 5t this month, in line with last month. They hold no stock presently, down by about 5t from the end of last month. They produced around 55t in 2023 and about 10t till now in 2024.
