Gallium Market Report July 2013

The Chinese gallium metal market moved slowly in July without any improvements.Asian Metal Copyright99%min kept at RMB1,600-1,650kg USD261-269kg.Asian Metal Copyright Consumers lacked enthusiasm to make purchases and only bought the material to meet their immediate demand.Asian Metal Copyright Since some market participants left the market to have summer holidays in the middle of the month, the gallium market became stagnant and prices decreased slightly from USD285-305kg to USD275-295kg in warehouse Rotterdam.Asian Metal Copyright The mainstream prices of gallium metal 99.99%min kept at RMB1,600-1,650/kg (USD261-269/kg).Asian Metal Copyright Consumers lacked enthusiasm to make purchases and only bought the material to meet their immediate demand.Asian Metal Copyright Since demand from downstream industry showed no signs of recovery, the market lacked impetus to go up.Asian Metal CopyrightThe Chinese gallium metal market moved slowly in July without any improvements.Asian Metal Copyright European gallium metal market remained sluggish in the month.Asian Metal Copyright Consumers lacked enthusiasm to make purchases and only bought the material to meet their immediate demand.Asian Metal Copyright Demand was depressed and few deals can be concluded in the spot market. Since some market participants left the market to have summer holidays in the middle of the month, the gallium market became stagnant and prices decreased slightly from USD285-305/kg to USD275-295/kg in warehouse Rotterdam.Asian Metal Copyright99%min kept at RMB1,600-1,650kg USD261-269kg.Asian Metal Copyright