Chinese germanium metal prices firm
2024-04-22 08:23:28 [Print]
BEIJING (Asian Metal) 22 Apr 24 - Most Chinese germanium metal 99.99%min producers hold their prices firm supported by limited stocks at present and the downstream purchases as scheduled. 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 show a stable trend in the upcoming week supported by limited stocks held by producers.
A producer in South China discloses that they quote around RMB10,000/kg (USD1,381/kg) EXW D/P for germanium metal 99.99%min and have no intention to sell at prices lower than RMB9,700/kg (USD1,339/kg) EXW D/P at present, in line with late last week. "Our clients purchase as scheduled, while they refuse to place orders for more than 100kg", said the producer, adding that they have no intention to lower prices supported by limited stocks. They believe that the Chinese germanium metal 99.99%min market would foresee stable price trend in the following week. They last sold around 100kg at RMb9,600/kg (USD1,325/kg) early this month.
The producer, based on a production capacity of 30tpy of germanium metal 99.99%min, holds around 1t of stocks now, nearly unchanged from the end of last month. They expect to produce about 2t this month, the same as last month. They produced about 25t in 2023 and around 6t so far in 2024.
A trader in Southern China notes that they generally offer RMB10,000/kg (USD1,381/kg) EXW D/P for germanium metal 99.99%min and accept the price as low as RMB9,800/kg (USD1,353/kg) for regular downstream consumers, in line with late last week. They last sold around 50kg at RMB9,600/kg (USD1,325/kg) early this month. The trader said, "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 trader, based on a regular monthly trading volume of 500kg of germanium metal 99.99%min, expects to sell around 500kg in April, in line with last month. They hold around 200kg of stock now, down by about 100kg from the end of last month.
A producer in South China discloses that they quote around RMB10,000/kg (USD1,381/kg) EXW D/P for germanium metal 99.99%min and have no intention to sell at prices lower than RMB9,700/kg (USD1,339/kg) EXW D/P at present, in line with late last week. "Our clients purchase as scheduled, while they refuse to place orders for more than 100kg", said the producer, adding that they have no intention to lower prices supported by limited stocks. They believe that the Chinese germanium metal 99.99%min market would foresee stable price trend in the following week. They last sold around 100kg at RMb9,600/kg (USD1,325/kg) early this month.
The producer, based on a production capacity of 30tpy of germanium metal 99.99%min, holds around 1t of stocks now, nearly unchanged from the end of last month. They expect to produce about 2t this month, the same as last month. They produced about 25t in 2023 and around 6t so far in 2024.
A trader in Southern China notes that they generally offer RMB10,000/kg (USD1,381/kg) EXW D/P for germanium metal 99.99%min and accept the price as low as RMB9,800/kg (USD1,353/kg) for regular downstream consumers, in line with late last week. They last sold around 50kg at RMB9,600/kg (USD1,325/kg) early this month. The trader said, "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 trader, based on a regular monthly trading volume of 500kg of germanium metal 99.99%min, expects to sell around 500kg in April, in line with last month. They hold around 200kg of stock now, down by about 100kg from the end of last month.
