Chinese germanium metal prices steady
2024-04-09 08:33:36 [Print]
BEIJING (Asian Metal) 9 Apr 24 - Most Chinese germanium metal 99.99%min producers hold their prices stable supported by limited stocks at present and the downstream purchases regularly. The current mainstream prices of Chinese germanium metal 99.99%min stand at RMB9,500-9,900/kg (USD1,312-1,368/kg) EXW D/P, without much change from one week ago. Market participants believe that the prevailing prices of Chinese germanium metal 99.99%min would stay firm in the upcoming week supported by limited stocks held by producers.
"We have no intention to sell germanium metal 99.99%min at prices lower than RMB9,600/kg (USD1,326/kg) EXW D/P at present, without much change from one week ago", a producer in South China mentions, adding that they have no intention to change the price as they keep in no hurry to sell with limited stocks. They last sold around 200kg at RMB9,300/kg (USD1,285/kg) EXW D/P mid last month. They believe that the mainstream prices of Chinese germanium metal 99.99%min would remain stable in the following week supported by steady offers from producers with limited stocks.
The producer, having a production capacity of 20tpy of germanium metal 99.99%min, expects to produce about 1t this month, almost the same as last month. They hold no inventory now, in line with late last month.
A consumer in Southern China notes that their regular suppliers generally offer RMB9,500/kg (USD1,312/kg) EXW D/P for germanium metal 99.99%min and some of them could sell the materials at the price as low as RMB9,300/kg (USD1,285/kg) to regular downstream consumers, in line with early last week. They last purchased around 500kg at RMB9,300/kg (USD1,285/kg) late last month. The source says, "We expect that the mainstream prices of Chinese germanium metal 99.99%min would hover at the current level in the upcoming week considering that most producers hold limited stocks at present".
The consumer, based on a consumption capacity of 24tpy of germanium metal 99.99%min, holds around 2t of stocks now, unchanged from the end of March. They expect to consume around 2.5t this month, almost the same as last month. They consumed around 20t totally in 2023 and around 8t till now in 2024.
"We have no intention to sell germanium metal 99.99%min at prices lower than RMB9,600/kg (USD1,326/kg) EXW D/P at present, without much change from one week ago", a producer in South China mentions, adding that they have no intention to change the price as they keep in no hurry to sell with limited stocks. They last sold around 200kg at RMB9,300/kg (USD1,285/kg) EXW D/P mid last month. They believe that the mainstream prices of Chinese germanium metal 99.99%min would remain stable in the following week supported by steady offers from producers with limited stocks.
The producer, having a production capacity of 20tpy of germanium metal 99.99%min, expects to produce about 1t this month, almost the same as last month. They hold no inventory now, in line with late last month.
A consumer in Southern China notes that their regular suppliers generally offer RMB9,500/kg (USD1,312/kg) EXW D/P for germanium metal 99.99%min and some of them could sell the materials at the price as low as RMB9,300/kg (USD1,285/kg) to regular downstream consumers, in line with early last week. They last purchased around 500kg at RMB9,300/kg (USD1,285/kg) late last month. The source says, "We expect that the mainstream prices of Chinese germanium metal 99.99%min would hover at the current level in the upcoming week considering that most producers hold limited stocks at present".
The consumer, based on a consumption capacity of 24tpy of germanium metal 99.99%min, holds around 2t of stocks now, unchanged from the end of March. They expect to consume around 2.5t this month, almost the same as last month. They consumed around 20t totally in 2023 and around 8t till now in 2024.
