Why Does Germanium Dioxide Price Fall in the Past Month

Inquiries and transactions in the market have weakened significantly under the pressure of high prices.

The overall activity of the market is less than the previous germanium dioxide price upward stage since this October.

There are two kinds of emotions at production side, one is a large number of buyers with long orders, the willingness to actively ship is not high and the quotation is still relatively strong, which is near USD2000/kg, and the other is a company with more spot transactions. As downstream users do not accept high prices, recent purchases and inquiries have weakened significantly, and holders have taken the initiative to reduce prices to recoup capital and stimulate market sentiment, the offer of germanium dioxide is lower than USD2000/kg.

The current range of germanium dioxide price is larger than before October 1, the offer mood has loosened and the initiative to lower the offer began to appear.

Although downstream infrared, photovoltaic users hold a small amount of inventory, but facing the relatively high germanium dioxide price, they had to speed up the factory raw material operation, reducing the proportion of new shopping materials as a way to reduce the overall positive production costs.

Once the price loosens, it will enter a downward adjustment state soon from our historical data. And it is expected that germanium dioxide price will be dominated by a weak and stable trend in the near future. Our business department will pay close attention to the next market dynamics and keep our customers updated.

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