Gallium market report May 2017

Mainstream prices for Chinese gallium metal 99.Asian Metal Copyright In mid-May, no improvement was seen in spot transactions in the Chinese gallium market and most consumers took negative attitudes towards the market outlook, so they forced down prices and had low interest in purchasing with wait-and-see attitudes till late May.Asian Metal Copyright99%min continued to drop in early May.Asian Metal CopyrightMainstream prices for Chinese gallium metal 99.Asian Metal Copyright Major Chinese gallium metal producers requires insiders not to press down prices for the material anxiously and them to see decreases in prices reasonably on the 10th international indium, germanium and gallium forum; however, producers had low interest in selling, so no improvement was seen in the market.Asian Metal CopyrightMainstream prices for Chinese gallium metal 99.Asian Metal Copyright In mid-May, no improvement was seen in spot transactions in the Chinese gallium market and most consumers took negative attitudes towards the market outlook, so they forced down prices and had low interest in purchasing with wait-and-see attitudes till late May. In late May, mainstream prices for Chinese gallium metal had ever declined to RMB700/kg (USD102/kg) and producers largely were reluctant to reduce prices further, so they continued to take wait-and-see attitude and gallium prices stopped decreasing and started to hold stable.
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