Monthly Gallium Market Report Sep 2019
2019-10-11 19:57:55 【Print】
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1.Market Highlights
As Chinese gallium metal 99.99%min producers insisted on marking up their prices given the decrease outputs, the mainstream prices of the material increased slightly in early September and were hard to continue going up considering that the downstream consumers' demand remained weak. The market saw stable deals and consumers generally purchased for rigid demand, preferring to watch the future market as they were worried that around 196t gallium metal 99.99%min stocks of involved Fanya would be auctioned within this year.
The Chinese gallium metal 99.99%min export market saw active buying activities as Japanese consumers began to buy at the beginning of September, but purchasers from Europe and America markets still held back from buying in view of weak demand, so domestic markets also run smoothly.
As Chinese gallium metal 99.99%min producers insisted on marking up their prices given the decrease outputs, the mainstream prices of the material increased slightly in early September and were hard to continue going up considering that the downstream consumers' demand remained weak. The market saw stable deals and consumers generally purchased for rigid demand, preferring to watch the future market as they were worried that around 196t gallium metal 99.99%min stocks of involved Fanya would be auctioned within this year.
The Chinese gallium metal 99.99%min export market saw active buying activities as Japanese consumers began to buy at the beginning of September, but purchasers from Europe and America markets still held back from buying in view of weak demand, so domestic markets also run smoothly.
