Gallium Market Report August 2016
2016-11-28 14:21:14 【Print】
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The Chinese gallium metal 99.99%min market entered its slack season in August and end consumers mainly purchased from hand to mouth with no improvement seen in demand. Affected by the declining stocks of producers in late August, suppliers were quick to lift offers and traders made plenty of enquiries, while only rebuilding stocks to a limited extent in practice. As mainstream prices for gallium metal still stood at less than RMB800/kg, which was lower than the production cost, producers generally had no intention of resuming production.
