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Why LDK Beats First Solar [View article]
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Why LDK Beats First Solar [View article]
BEIJING (Metal-Pages) 7-Jan-08. Levels for tellurium ingot have been firming up in the last week on the back of tight domestic supply against relatively strong demand.
Chinese market participants reported to Metal-Pages today that quotations for 4N tellurium ingot are currently hovering at around Rmb1,150-1,180/kg (US$159-163/kg), representing an increase of about Rmb100/kg compared to values seen towards the end of last month.
A Guangdong- based supplier confirmed the price increase. "Right now we are offering Rmb1,180/kg for the minor metal, while the recent contractual values are ranging at around Rmb1,100-1,150/kg," said an executive of the southern supplier.
While some sources also reported that as prices for the ingot are expected to move up further in the coming weeks, some suppliers are still inclined to hold their stocks right now instead of selling. "As a consequence, recent domestic feed has been tighter," said a Shanghai-based broker.
In the meantime, another broker from Shanghai also claimed that recent values for the 4N metal have been lingering at around Rmb1,150/kg, but some higher quotations of around Rmb1,200/kg have been visible on the current market.