Chinese germanium market keeps stable and high
2006-11-13 10:03:20 【Print】
BEIJING (Asian Metal) 13 Nov 06 - Chinese germanium market does not see many changes this week, stable and high, and sources believed that the market may remain bullish throughout the rest of 2006.
According to an official from a smelter, with annual output of 20t, the price of germanium metal 99.999%min is still stable at RMB8,200/kg (USD1,025/kg), with that of germanium dioxide at RMB5,200/kg (USD650/kg) in the domestic market.
The export price of germanium metal is around USD910-920/kg, stable compared to last week, with that of germanium dioxide at USD620-630/kg.
Although demand is not much, it is difficult to increase supply, so the source believed that the market would remain stable.
An official from a trading company, with annual trading volume of 6-7t of germanium metal, confirmed that the market is bullish.
Thanks to old clients, the company could conclude sporadical deals in the spot market. "We concluded 100kg of germanium metal at USD930/kg these days, up by USD20/kg from USD900-910/kg in October," said the source.
Demand for germanium dioxide is not so strong as for germanium metal, but the source believed that the market will move the same way as the market of germanium metal and that germanium market will remain firm in the coming weeks.
According to an official from a smelter, with annual output of 20t, the price of germanium metal 99.999%min is still stable at RMB8,200/kg (USD1,025/kg), with that of germanium dioxide at RMB5,200/kg (USD650/kg) in the domestic market.
The export price of germanium metal is around USD910-920/kg, stable compared to last week, with that of germanium dioxide at USD620-630/kg.
Although demand is not much, it is difficult to increase supply, so the source believed that the market would remain stable.
An official from a trading company, with annual trading volume of 6-7t of germanium metal, confirmed that the market is bullish.
Thanks to old clients, the company could conclude sporadical deals in the spot market. "We concluded 100kg of germanium metal at USD930/kg these days, up by USD20/kg from USD900-910/kg in October," said the source.
Demand for germanium dioxide is not so strong as for germanium metal, but the source believed that the market will move the same way as the market of germanium metal and that germanium market will remain firm in the coming weeks.
