Rare Gas Weekly Review: Helium temporarily stabilizes, while downward pressure on the xenon market emerges (20240419-0425)

1. Market analysis this week


In the fourth week of April (20240419-0425), the market price of bottled helium continued to decline. According to statistics, as of April 25, the weekly average price of China's bulk bottled (40L, 13.5±0.5Mpa) high-purity helium remained unchanged month-on-month. The mainstream transaction trend was downward.


In the fourth week of April (20240419-0425), the price of bundled helium remained stable. According to statistics, as of April 25, the mainstream transaction of bundled high-purity helium was downward, and the weekly average price was -0.4% month-on-month. The import supply is still relatively abundant, and the overall shipment is slightly under pressure; the shipment atmosphere of bundled high-purity helium in Inner Mongolia has declined relatively.


In the fourth week of April, the xenon market performed well. As of April 25, the cost of raw materials in the xenon market has increased, and the main companies are still under pressure to ship goods. At present, under the support of costs, companies are more likely to maintain stability.


The market price of krypton gas remained stable in the fourth week of April. As of April 25, downstream demand in the krypton gas market was relatively flat, and prices were temporarily stable.


Neon market prices remained stable in the fourth week of April. As of April 25, the neon market was flat month-on-month. Market demand is relatively flat, the semiconductor market still needs time to recover, and the overall low price consolidation is the main trend.


2. Market forecast for next week


The market price of helium may remain stable with some decline. The main import companies' shipments are acceptable, but the downstream demand support is slightly weak. In the short term, cost support will increase, and market prices may show a trend of stability with a slight decrease.


The xenon market price may remain stable and weak. The high price of raw gas has provided significant support to costs, and the willingness of major enterprises to purchase raw gas has declined, but the market transaction atmosphere is still weak. Under the short-term market pressure on shipments, prices may remain weak and stable, but a price reduction trend is emerging.


The krypton gas market may remain stable for the time being. In the short term, there is still pressure on shipments from major companies, but with cost support, prices are temporarily stable.


The neon market atmosphere is dull, with low prices and stable prices. Market demand is weak and supply is sufficient, so it is difficult for the market to rise in the short term.