• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Critical Metals Market
    Critical Metals News
    Critical Metals Stocks
    • Critical Metals Market
    • Critical Metals News
    • Critical Metals Stocks
    tellurium investing

    Tellurium Market Update (August 20, 2012)

    Charlotte McLeod
    Aug. 19, 2012 09:10PM PST
    Critical Metals

    A brief overview of tellurium price developments, supply and demand, and significant market movers.

    Oversupply and sluggish demand in China, one of the world’s top tellurium producers, have brought tellurium prices to their lowest level in four years, according to Metal-Pages. “We did no business in July, and there are no signs of improvement in August,” said a Guangdong trader who wants to conduct business at $129 per kilogram on the spot market.

    Lack of improvement in August could spell trouble for the rest of the year. A trader from Hunan told Metal-Pages, “August is the last chance for the tellurium market because air conditioners and refrigerators will see seasonal slowdown in September.” Tellurium is a key material in refrigeration film, which is used in both of these appliances.

    Added to the upcoming fall slowdown is the fact that this year even the warm months have seen depressed home appliance sales, in part because fewer people are able to buy houses. In June, exports of air conditioners from China were down 1.42 percent from a year ago, leaving 8.08 million air conditioners still in stock.

    Over the past week, the price for 99.99 percent grade tellurium in China has dropped from $122 to $138 per kilogram to $118 to $133 per kilogram. In Europe, prices as high as $135 to $140 per kilogram were reported, but trade was just as quiet as in China.

    tellurium investingchinatellurium marketeurope
    The Conversation (0)

    Go Deeper

    AI Powered
    an arrow rocketing into the sky

    U3O8 Price Update: Q3 2022 in Review

    First Tellurium Corp

    First Tellurium Corp

    Latest News

    Locksley Announces Major Advancement at Mojave as Structural Mapping Expands Scale of Antimony Target with a 400% Increase in Target Strike Length

    Nasdaq Listing Update

    400% Increase in Antimony Target Strike Length

    Locksley Resources Limited 400% Increase in Antimony Target Strike Length

    West High Yield Resources Ltd. Announces Exercise of Warrants

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Critical Metals Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES