Gallium Metal Market Report October 2015

In October, mainstream prices for Chinese gallium metal 99.Asian Metal CopyrightIn October, mainstream prices for Chinese gallium metal 99.Asian Metal Copyright99%min showed a flat trend with a decline of 0.Asian Metal CopyrightIn October, mainstream prices for Chinese gallium metal 99.Asian Metal Copyright48%.Asian Metal CopyrightIn October, mainstream prices for Chinese gallium metal 99.Asian Metal Copyright Spot enquiries were quite sporadic.Asian Metal Copyright As profit margins were severely squeezed with the counter-offers from purchasers resulting in a stalemate, traders stopped replenishing their stocks and mainly focused on liquidating positions, maintaining a watch-and-see attitude in October.Asian Metal Copyright Transactions concluded in the spot market were mostly small with a trading volume of 100-300kg, while larger transactions exceeding 2t could rarely be seen.Asian Metal Copyright Spot enquiries were quite sporadic.Asian Metal Copyright Producers continued to reduce or suspend production in October, so the scale of the decline in domestic output in Q4 is expected to be larger than in Q3.Asian Metal Copyright As for exports, transportation at Tianjin port was still subject to restrictions, so suppliers found themselves holding considerable export cargoes.Asian Metal Copyright As profit margins were severely squeezed with the counter-offers from purchasers resulting in a stalemate, traders stopped replenishing their stocks and mainly focused on liquidating positions, maintaining a watch-and-see attitude in October.Asian Metal Copyright The North American and European markets were generally lackluster with no signs of improvement.Asian Metal Copyright As for exports, transportation at Tianjin port was still subject to restrictions, so suppliers found themselves holding considerable export cargoes.Asian Metal Copyright As profit margins were severely squeezed with the counter-offers from purchasers resulting in a stalemate, traders stopped replenishing their stocks and mainly focused on liquidating positions, maintaining a watch-and-see attitude in October.Asian Metal Copyright The North American and European markets were generally lackluster with no signs of improvement.

.Asian Metal Copyright Transactions concluded in the spot market were mostly small with a trading volume of 100-300kg, while larger transactions exceeding 2t could rarely be seenAsian Metal Copyright