Gallium Market Report May 2013

The Chinese gallium metal market kept stable as a whole in May.Asian Metal Copyright In addition, overseas markets moved slowly and stably.Asian Metal Copyright Buyers were inactive to make purchases due to weak demand.Asian Metal Copyright Market participants lacked confidence on the market and thought it would need a long period of time to go up.Asian Metal Copyright Prices of gallium metal 99.99%min hovered at RMB1,650-1,750/kg (USD269-286/kg). However, some large deals could be concluded at below RMB1,650/kg (USD269/kg).Asian Metal Copyright In addition, overseas markets moved slowly and stably.Asian Metal Copyright Consumers preferred to make purchases by hand-to-mouth and have no intentions to pile materials.Asian Metal Copyright It is predicted that the market will continue to be flat in the coming days.Asian Metal Copyright Although some producers revealed that the current price level had reached to the bottom, few expect the market would turn better in the near future as demand is difficult to recover.Asian Metal Copyright99%min hovered at RMB1,650-1,750kg USD269-286kg.Asian Metal Copyright It is predicted that the market will continue to be flat in the coming days.Asian Metal Copyright In addition, overseas markets moved slowly and stably.Asian Metal Copyright In addition, overseas markets moved slowly and stably.Asian Metal Copyright Demand from downstream industry was weak and buying activities had no improvements.Asian Metal Copyright Demand from downstream industry was weak and buying activities had no improvements.Asian Metal Copyright However, some large deals could be concluded at below RMB1,650kg USD269kg.Asian Metal Copyright Market participants lacked confidence on the market and thought it would need a long period of time to go up.Asian Metal Copyright Consumers preferred to make purchases by hand-to-mouth and have no intentions to pile materials.Asian Metal Copyright