Monthly Gallium Market Report Jan 2020
2020-02-12 13:23:46 【Print】
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1. Market Highlights
In January, Chinese gallium metal 99.99%min market ran quiet with limited transactions as most consumers only purchased for orders with weak demand before the Spring Festival. Some suppliers were in hurry to sell their stocks to get more money before the holiday, so the mainstream prices showed the downtrend during this month.
The export market also witnessed poor inquiries as most overseas buyers preferred to watch the market due to the decreasing prices.
Both European and American market saw stable deals with weak demand from downstream consumers.
In January, Chinese gallium metal 99.99%min market ran quiet with limited transactions as most consumers only purchased for orders with weak demand before the Spring Festival. Some suppliers were in hurry to sell their stocks to get more money before the holiday, so the mainstream prices showed the downtrend during this month.
The export market also witnessed poor inquiries as most overseas buyers preferred to watch the market due to the decreasing prices.
Both European and American market saw stable deals with weak demand from downstream consumers.
