As H2 approaches, there are still significant differences in the germanium market [SMM Weekly Review of Germanium Market]

SMM reported on July 4: This week, the domestic germanium market price remained generally stable, with the tug-of-war between longs and shorts continuing to intensify, and market transaction prices showing some differentiation. Some manufacturers continued to compete for downstream orders this week, with germanium dioxide and germanium ingots still being supplied at low prices, while other manufacturers insisted on refusing to budge on prices for germanium dioxide and germanium ingots. Given that market resources remain tight, many end-users, while purchasing low-priced resources, also bought high-priced resources to further supplement their raw material inventory. This week, manufacturers still maintained significant differences in their sales and supply policies for end-users and trade links, leading to continued large discrepancies in market prices. Market participants still insisted that, with the arrival of summer, the procurement enthusiasm of end-users might decline, and in the coming period, suppliers would continue to increase shipments to reduce inventory and cash in, possibly intensifying the competition for downstream orders. From the demand side, the enthusiasm of buyers from infrared and optical fiber terminals remained stable this week. Additionally, some new tender projects have emerged in the market, which are worth following for their results. With the market fundamentals remaining in a stalemate, it is currently difficult for the prices of germanium ingots and germanium dioxide to rise or fall temporarily, and the market's indecision and tug-of-war will continue for some time. Currently, the average price of germanium ingots is 14,750 yuan/kg, and the average price of germanium dioxide is 10,100 yuan/kg.

According to official information obtained by SMM, Guangxi Yusheng Germanium Industry High-tech Co., Ltd. has launched an open tender for the sale of a batch of zone-refined germanium ingots and germanium dioxide starting today. Specifically, according to official information, this batch of goods includes 800 kg of germanium dioxide and 500 kg of zone-refined germanium ingots, all of which are spot cargo. The cargo pick-up time must be before July 15, 2025, and the content will be based on assay results. The minimum bid quantity is 300 kg for germanium dioxide and 200 kg for zone-refined germanium ingots. The competitive bidding prices are 10,800 yuan/kg for low-priced germanium dioxide and 16,200 yuan/kg for zone-refined germanium ingots. The delivery method is self pick-up by the buyer, with the buyer bearing the freight costs. The bidding deadline is July 10, 2025.