Monthly Gallium Market Report May 2021
2021-06-09 14:10:47 【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 May, considering that most Chinese gallium metal 99.99%min producers generally insisted on marking up the prices and traders generally held limited stocks, downstream consumers had to accept higher prices while most of consumers still purchased by productions, refusing to build more stocks in view of weak demand. The market ran smoothly.
This month, Chinese gallium metal 99.99%min export market run slowly with inactive deals as most Chinese exporters' offers kept higher than others in European, Korea and Japan. Most overseas buyers purchased from other countries due to the low prices level.
During this month, with the decreasing prices of Chinese gallium metal 99.99%min, Chinese gallium metal 99.99999%min producers generally marked down the prices in early May while then kept the prices firm. Due to the soft prices, most downstream consumers only did long-term contracts firstly and few of them would like to purchase from the spot market unless they needed more for consuming.
In May, considering that most Chinese gallium metal 99.99%min producers generally insisted on marking up the prices and traders generally held limited stocks, downstream consumers had to accept higher prices while most of consumers still purchased by productions, refusing to build more stocks in view of weak demand. The market ran smoothly.
This month, Chinese gallium metal 99.99%min export market run slowly with inactive deals as most Chinese exporters' offers kept higher than others in European, Korea and Japan. Most overseas buyers purchased from other countries due to the low prices level.
During this month, with the decreasing prices of Chinese gallium metal 99.99%min, Chinese gallium metal 99.99999%min producers generally marked down the prices in early May while then kept the prices firm. Due to the soft prices, most downstream consumers only did long-term contracts firstly and few of them would like to purchase from the spot market unless they needed more for consuming.
