Unfavorable Export Taxes Force China To Cut the Germanium Sales According to Merchant Research & Consulting, Ltd.

LONDON--(BUSINESS WIRE)--China is the leader on global germanium market. It is the largest producer and exporter of the metal. The germanium output and export price of China saw sustained rise after the world germanium demand had experienced the recovery over financial crisis. 2010 became the third consecutive year for China’s germanium output in excess of 100 tons of metal equivalent, accounting for more than 70% of the global total. As 2011 progresses China’s export price of germanium only grows and has already risen beyond USD1, 219/kg.

Germanium has also been included into a special Commission strategy document due to China restricted exports. EU is ready to confront any country that puts unjustified restrictions on critical raw materials. Demand arising from coming technical innovations may for example increase more than 8 times for germanium. With unfavorable export taxes China has become extremely unwilling to sell germanium dioxide which caused considerable growth of the price.

Detailed review and forecast on global, regional and country markets of germanium can be found in the new market research report “Germanium Market Review” that covers present situation, historical background and future forecast and addresses comprehensive data showing germanium capacities, production, consumption, trade statistics, and prices in the recent years are provided (globally, regionally and by country).

Report Details:

Germanium Market Review

Published: February, 2011

Pages: 30

http://mcgroup.co.uk/researches/germanium

The report also indicates a wealth of information on germanium producers and suppliers, covers germanium production in the respective country, major germanium producers, germanium consumption in the country market, germanium trade in the country, germanium prices. Germanium market forecast for next five years, including market volumes and prices is also provided.

The study on Germanium has been completed by Merchant Research & Consulting Ltd, an internationally recognized market research agency, specializing in chemical industry. “Germanium Market Review” is included into the catalogue “Metals”, which also highlights Aluminum, Beryllium, Copper, Iron and Steel, Lead, Magnesium, Mercury, Silver, Titanium, Zinc markets.

Monthly report updates for “Germanium Market Review” are available at http://mcgroup.co.uk/periodicals/monthly