For the Quarter Ending June 2023

North America:

In the second quarter of 2023, the price of Germanium in the United States experienced a decline, influenced by several factors, including deteriorating economic conditions and a slowdown in the downstream automotive and semiconductor industries. The US government faced economic challenges in June, triggered by the failure of several banks across the country, leading to a debt crisis. Rapidly rising inflation rates prompted the local government to implement an interest rate hike to stabilize the situation. This, in turn, discouraged local buyers from placing significant orders. The semiconductor industry, crucial for Germanium usage, experienced a decline in production due to reduced demand for semiconductor chips, particularly in the electric vehicle sector, which saw a drop in sales. Consequently, local inventories of Germanium increased in the US spot market. While the price decline of Germanium Ingot had a negative impact on the US semiconductor industry, which heavily relies on the metal, the long-term outlook for Germanium Ingot remains positive, with expected growth in demand in the coming years.

Asia-Pacific:

The price of Germanium in India displayed a mixed trend during the second quarter of 2023, influenced by various factors, including reduced demand from the downstream semiconductor industry and economic challenges in overseas US and European markets. The semiconductor industry experienced sluggish conditions as demand for chips waned, primarily driven by a decrease in demand from overseas automotive sectors. Declining vehicle sales led to reduced chip consumption for electric vehicles. The market was further impacted by oversupply from overseas Chinese suppliers, who offered large quantities at competitive prices amid growing concerns about potential export restrictions of Germanium from China. Weak demand from the electronics and solar industries also contributed to subdued buyer interest. Nevertheless, recent government agreements in India provide some hope for a potential uptick in Germanium Ingot prices in the coming months.

Get Real Time Prices of Germanium: https://www.chemanalyst.com/Pricing-data/germanium-1189

Europe:

In Germany, the price of Germanium faced a decline during the second quarter of 2023, reflecting uncertain economic conditions both within Germany and overseas markets. In June, the German economy entered a recession as inflation rates continued to rise. This unfavorable market sentiment encouraged buyers to place larger orders as prices remained at lower levels. Germanium inventories were elevated due to an influx of excess supply from overseas Chinese mills at relatively competitive prices, further exerting downward pressure on Germanium producers. Simultaneously, the downstream automotive industry experienced a decline, particularly in the sales of electric vehicles, as weak economic factors dampened consumer demand. This reduced the need for semiconductor chips and increased local inventories of Germanium. While the price decrease of Germanium Ingot negatively impacted the German electronics industry, which is a major consumer of the metal, the long-term outlook for Germanium remains positive, with expectations of increased demand in the coming years.

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