Monthly Gallium Market Report Oct 2019
2019-11-11 18:06:39 【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
As Fanya's gallium metal 99.99%min stocks was aucitoned at the end of October, downstream consumers were waiting for the auction result, holding back from purchasing during hole of this month, so the spot market saw poor deals. Producers generally held watching the market and insisted offers on this price level due to reducing supply.
The export market also witnesses slow buying activities as ocerseas buyers were waiting for the auction result of Fanya gallium metal 99.99%min stocks.
Both American and European market run smoothly given weak demand.
As Fanya's gallium metal 99.99%min stocks was aucitoned at the end of October, downstream consumers were waiting for the auction result, holding back from purchasing during hole of this month, so the spot market saw poor deals. Producers generally held watching the market and insisted offers on this price level due to reducing supply.
The export market also witnesses slow buying activities as ocerseas buyers were waiting for the auction result of Fanya gallium metal 99.99%min stocks.
Both American and European market run smoothly given weak demand.
