Monthly Gallium Market Report Aug 2019
2019-09-11 13:49:48 【Print】
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1.Market Highlights
In August, the Chinese gallium metal 99.99%min market saw inactive inquiries and deals during the off season. Producers still insisted on their offers like in July as most of them resumed or halted the production in August, but consumers preferred to hold back from purchasing, especially after they heart that antimony ingot and some rare earth production involved in Fanya Metal Exchange would be auctioned at the end of August because they were worried that around 90t of gallium metal 99.99%min stocks involved in Fanya Metal Exchange would also be auctioned soon within this year.
The Chinese gallium metal 99.99%min export market also saw poor deals as oversea buyers, especially Japan-based, held back from buying during August after they learnt the news of Fanya
Both European and American gallium metal 99.99%min markets kept quiet due to the summer vocation.
In August, the Chinese gallium metal 99.99%min market saw inactive inquiries and deals during the off season. Producers still insisted on their offers like in July as most of them resumed or halted the production in August, but consumers preferred to hold back from purchasing, especially after they heart that antimony ingot and some rare earth production involved in Fanya Metal Exchange would be auctioned at the end of August because they were worried that around 90t of gallium metal 99.99%min stocks involved in Fanya Metal Exchange would also be auctioned soon within this year.
The Chinese gallium metal 99.99%min export market also saw poor deals as oversea buyers, especially Japan-based, held back from buying during August after they learnt the news of Fanya
Both European and American gallium metal 99.99%min markets kept quiet due to the summer vocation.
