Monthly Gallium Market Report Nov 2017
2017-12-11 18:00:31 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1.Market Highlights
In early November, mainstream prices for Chinese gallium metal 99.99%min kept at RMB840-880/kg (USD127-133/kg) in the recent week after the decreasing trend in late October. Consumers made purchases at large volumes of orders of more than 1t with low prices and most deals were closed at about 3t. Suppliers had limited spot stocks after the large volumes of purchases, therefore, prices for gallium metal rebounded rapidly in mid-November and the mainstream price increased to near RMB1,000/kg (USD151/kg) in late November.
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In early November, mainstream prices for Chinese gallium metal 99.99%min kept at RMB840-880/kg (USD127-133/kg) in the recent week after the decreasing trend in late October. Consumers made purchases at large volumes of orders of more than 1t with low prices and most deals were closed at about 3t. Suppliers had limited spot stocks after the large volumes of purchases, therefore, prices for gallium metal rebounded rapidly in mid-November and the mainstream price increased to near RMB1,000/kg (USD151/kg) in late November.
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