Chinese tellurium ingot market active
2024-03-20 08:28:07 [Print]
BEIJING (Asian Metal) 20 Mar 24 - With higher prices from Chinese tellurium ingot 99.99%min suppliers, Chinese tellurium ingot 99.99%min market saw active inquiries from traders over the past 3 days. Currently, the mainstream prices of Chinese tellurium ingot 99.99%min increase to RMB565-575/kg (USD78.58-79.97/kg) EXW D/P, up by RMB5/kg (USD0.70/kg) from early last week. Insiders forecast that the prevailing prices of Chinese tellurium ingot 99.99%min would remain stable in the upcoming week due to firm offers from suppliers and watchful attitudes from the downstream consumers.
A producer in Northern China noted that, "We received around 3-4 inquiries a day from traders since late last week, while we only received no more than 2 inquiries before that". They refused to sell at prices lower than RMB570/kg (USD79.28/kg) EXW D/P for tellurium ingot 99.99%min at present, while they considered selling at the price as low as RMB565/kg (USD78.58/kg) the beginning of last week and last sold totally 8t at RMB570/kg (USD79.28/kg) late last week. They believed that the prevailing prices of Chinese tellurium ingot 99.99%min would remain stable in the coming week as most downstream consumers still watch the market.
The producer, based on a production capacity of 60tpy of tellurium ingot 99.99%min, expected to produce about 4t this month, in line with last month. They hold more than 10t of stocks now, unchanged from late last month. They produced about 50t totally in 2022 and 40t in 2023.
Another producer in Southern China disclosed that they received no less than 4 inquiries from buyers include traders and consumers a day since late last week, while no more than 2 inquiry before that. They had no intention to sell at prices lower than RMB570/kg (USD79.28/kg) EXW D/P for tellurium ingot 99.99%min at present, while still could accept RMB565/kg (USD78.58/kg) early last week and last sold almost 5t at RMB570/kg (USD79.28/kg) at the end of last week. The producer said, "We forecast that the prevailing prices of Chinese tellurium ingot 99.99%min would go strong in the upcoming week due to active purchases from buyers".
The producer, with a production capacity of 100tpy of tellurium ingot 99.99%min, expected to produce about 5t this month, unchanged MoM. They hold no stock now, the same as the end of last month. They produced about 12t so far in 2024.
A producer in Northern China noted that, "We received around 3-4 inquiries a day from traders since late last week, while we only received no more than 2 inquiries before that". They refused to sell at prices lower than RMB570/kg (USD79.28/kg) EXW D/P for tellurium ingot 99.99%min at present, while they considered selling at the price as low as RMB565/kg (USD78.58/kg) the beginning of last week and last sold totally 8t at RMB570/kg (USD79.28/kg) late last week. They believed that the prevailing prices of Chinese tellurium ingot 99.99%min would remain stable in the coming week as most downstream consumers still watch the market.
The producer, based on a production capacity of 60tpy of tellurium ingot 99.99%min, expected to produce about 4t this month, in line with last month. They hold more than 10t of stocks now, unchanged from late last month. They produced about 50t totally in 2022 and 40t in 2023.
Another producer in Southern China disclosed that they received no less than 4 inquiries from buyers include traders and consumers a day since late last week, while no more than 2 inquiry before that. They had no intention to sell at prices lower than RMB570/kg (USD79.28/kg) EXW D/P for tellurium ingot 99.99%min at present, while still could accept RMB565/kg (USD78.58/kg) early last week and last sold almost 5t at RMB570/kg (USD79.28/kg) at the end of last week. The producer said, "We forecast that the prevailing prices of Chinese tellurium ingot 99.99%min would go strong in the upcoming week due to active purchases from buyers".
The producer, with a production capacity of 100tpy of tellurium ingot 99.99%min, expected to produce about 5t this month, unchanged MoM. They hold no stock now, the same as the end of last month. They produced about 12t so far in 2024.
