What is Causing High Purity Germanium Price to Skyrocket?

Recently germanium price "straight up" hit a record high.

Raw material shortage and infrared, satellite solar cells two major demand explosive growth, is an important factor in this round of germanium price rise. Some germanium processors said that they could not buy the right raw materials even if they increased their prices. Under the trend of tight supply and strong demand, there is still much room for germanium prices to rise in the future.

Germanium has the chemical properties of pro-iron, pro-sulfur, pro-rock and pro-organic matter, etc. It is mainly used in infrared optics, fiber optic communications, solar cells, catalysts and other industries, and is also an important raw material in high-tech fields.

Germanium Price

Global germanium resources are relatively scarce and concentrated in China and the United States, the supply is relatively rigid. And China is currently the largest producer of germanium, germanium production accounted for about 56.6% to 72.73% of the world’s total output. At present, major germanium supply countries in the world have realized the strategic position of germanium resources, its mining and export tightening trend.

The custom germanium price is much more volatile, and its trend is affected by a combination of factors, such as market supply and demand, the global economic situation, and relevant policies. If you want to know what’s going on in the industry and market news, please follow our company blog to keep up with germanium price changes!

Comments

Related Blog

Welcome to our blog dedicated to the attractive world of Germanium and other photoelectric materials. 

Get Our Quotation

Please let us know your request, we will get back to you within an hour.