All transactions have been completed. The tender for germanium products of Guangxi Yusheng Germanium Industry was successfully concluded [reported by SMM].

SMM June 24 News: According to official information obtained by SMM, the results of the public tender sales of germanium ingots and germanium dioxide conducted by Guangxi Yusheng Germanium Industry High-Tech Co., Ltd. last week have been announced. Specifically, according to official information, this batch of goods includes 1,000 kg of germanium dioxide and 1,000 kg of zone-refined germanium ingots, all of which have been successfully traded. Guangxi Yusheng Germanium Industry has signed contracts with the buyers and is awaiting payment and cargo pick-up. The final transaction prices were 10,650 yuan/kg for germanium dioxide and 16,100 yuan/kg for zone-refined germanium ingots. The delivery method is self pick-up by the buyer, with the buyer responsible for freight costs. Market participants have expressed that this transaction result is somewhat unexpected yet reasonable. However, recent market prices have shown a trend of differentiation. Some germanium plants have increased their shipment efforts and offered more room for negotiation to compete for market share. Meanwhile, some manufacturers have insisted on refusing to budge on prices while shipping goods. For downstream buyers, they are actively purchasing regardless of price levels, with end-use demand performing well. This is mainly due to the development of downstream terminal industries, which has led to an increasing demand for germanium.