Monthly Gallium Market Report Apr 2019
2019-05-10 17:15:51 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
Mainstream prices for Chinese gallium metal 99.99%min kept edging down in April, with inactive transactions in spot market. As the demand from downstream consumers, especially gallium arsenide and molybdenum industries, was weak, gallium metal market saw inactive purchases. As a result, producers lowered their offers. Considering Fanya's 34.64t of indium ingot were auctioned in April, most market participants worried that Fanya's about 192t of gallium metal 99.99%min prices would also be auctioned, and they predicted that Chinese gallium metal 99.99%min prices would continue to edge down in May.
Mainstream prices for Chinese gallium metal 99.99%min kept edging down in April, with inactive transactions in spot market. As the demand from downstream consumers, especially gallium arsenide and molybdenum industries, was weak, gallium metal market saw inactive purchases. As a result, producers lowered their offers. Considering Fanya's 34.64t of indium ingot were auctioned in April, most market participants worried that Fanya's about 192t of gallium metal 99.99%min prices would also be auctioned, and they predicted that Chinese gallium metal 99.99%min prices would continue to edge down in May.
