The Tellurium Metal Price Trend in China recorded a 7.33% increase in Q2 2026, supported by strong demand from the solar energy sector and limited supply from copper refineries. During April and May, cadmium telluride (CdTe) photovoltaic manufacturers maintained steady production schedules, increasing demand for tellurium metal.

At the same time, constraints on copper refinery output limited the availability of tellurium recovered as a byproduct. Although export demand remained moderate, domestic solar manufacturers continued to receive priority for available material.

Lower inventories at major consuming facilities added further support to the market. In June 2026, Tellurium Metal Prices increased by another 2.38%, as steady solar demand and restricted supply maintained upward momentum toward the end of the quarter.

Tellurium is a relatively specialised metal used in several industrial applications, including thin-film solar panels, thermoelectric materials, and certain electronic products. Its market is different from that of many commonly traded metals because its supply is closely connected to the production and refining of other metals, particularly copper.

This means that tellurium availability does not always increase simply because its price rises. Understanding the Tellurium Metal Price Trend in China can help manufacturers, traders, and procurement professionals follow changes in supply, demand, and purchasing conditions.

Tellurium Metal Price Trend in China During Q2 2026

The Chinese tellurium metal market experienced a strong upward movement during the second quarter of 2026. Prices increased by 7.33% over the quarter as demand from the solar industry remained firm while the supply of tellurium from copper refineries was constrained.

During April and May, manufacturers of cadmium telluride photovoltaic products maintained robust production schedules. These solar technologies use tellurium-based materials to convert sunlight into electricity. As production activity remained strong, manufacturers continued to require reliable access to tellurium, supporting domestic purchasing activity.

Supply conditions added to the upward pressure. Tellurium is commonly recovered as a byproduct during copper refining, so its availability depends partly on copper processing operations. When refinery output is constrained, the amount of tellurium available for recovery can also be limited. This can create a supply challenge even when demand from downstream industries remains strong.

Domestic buyers also faced declining inventories at major consuming facilities. Lower stocks can make procurement more difficult because manufacturers have less material available to cover unexpected demand or delayed deliveries. As a result, buyers may pay closer attention to supplier availability and delivery schedules.

In June 2026, Tellurium Metal Prices increased by 2.38%. Continued demand from solar manufacturers and restricted byproduct supply helped maintain the positive market direction. Market participants also reported firm sentiment ahead of third-quarter contracts, suggesting that buyers and sellers were closely monitoring future supply requirements.

Key Factors Affecting Tellurium Metal Prices in China

Solar Energy Demand and CdTe Photovoltaic Production

The solar energy sector was one of the main factors supporting the Tellurium Metal Price Trend in China during Q2 2026. Tellurium is an important input for cadmium telluride photovoltaic technology, which is used to manufacture thin-film solar panels.

When photovoltaic manufacturers maintain high production levels, their demand for tellurium-bearing materials can remain firm. Manufacturers need to secure suitable raw materials in advance to keep production schedules running smoothly. If several producers require material at the same time, available supply can become tighter.

During April and May, CdTe photovoltaic manufacturers in China maintained robust production schedules. This helped support tellurium consumption and contributed to the quarterly price increase.

Solar demand can also be influenced by manufacturing capacity, project activity, technology adoption, and customer orders. Changes in these areas may affect future raw material requirements. For buyers, monitoring photovoltaic production and procurement activity can provide useful context when assessing Tellurium Metal Prices.

Copper Refinery Output and Byproduct Supply

Copper refinery activity is particularly important to the tellurium market. Unlike metals that are produced mainly through dedicated mining and refining operations, tellurium is often recovered during the processing of copper-bearing materials.

This creates a special supply relationship. Even if demand for tellurium increases, producers may not be able to increase output quickly unless the relevant copper refining and recovery operations can supply more material.