Gallium Market Report June 2013
2013-07-17 09:11:30 【Print】
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The Chinese gallium metal market remained inactive in June. A few producers lowered their quotations slightly. Prices of gallium metal 99.99%min were at RMB1,650-1,750/kg (USD269-285/kg) at the beginning of the month and stayed at RMB1,600-1,700/kg (USD261-277/kg) at the end of the month, with a down range of RMB50/kg (USD8/kg). The market continued to be at low level as demand showed no any signs of increasing. Buyers lacked enthusiasm to make procurements. The market lacked impetus to go up. Market participants predict that the gallium metal market in China will be unlikely to turn better in the coming days. Overseas markets also saw no better evidence in June. End users preferred to hold wait-and-see attitudes toward the market because of the weak demand. Many market participants lacked confidence on the market.












