Monthly Gallium Market Report Mar 2021
2021-04-12 11:56:00 【Print】
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1 Market Highlights
In March, Chinese gallium metal 99.99%min market saw active deals in the first half of this month as most downstream consumers purchased actively and producers generally kept increasing the prices with limited stocks. With most downstream consumers finishing the purchasing plan in the middle of this month, suppliers closed orders hardly with a pessimistic attitude towards the future market and some of them began to mark down the prices to compete for orders.
During this month, Chinese gallium metal 99.99%min export market remained seeing limited buying activities due to high prices level and most overseas buyers refused to buy, watching the market.
In view of the increasing prices of Chinese gallium metal 99.99%min, Chinese gallium metal 99.99999%min producers also marked up the prices but most of them mainly did long-term contracts and few of them could conclude orders in the spot market due to wait-and-see attitudes from buyers.
In March, Chinese gallium metal 99.99%min market saw active deals in the first half of this month as most downstream consumers purchased actively and producers generally kept increasing the prices with limited stocks. With most downstream consumers finishing the purchasing plan in the middle of this month, suppliers closed orders hardly with a pessimistic attitude towards the future market and some of them began to mark down the prices to compete for orders.
During this month, Chinese gallium metal 99.99%min export market remained seeing limited buying activities due to high prices level and most overseas buyers refused to buy, watching the market.
In view of the increasing prices of Chinese gallium metal 99.99%min, Chinese gallium metal 99.99999%min producers also marked up the prices but most of them mainly did long-term contracts and few of them could conclude orders in the spot market due to wait-and-see attitudes from buyers.
