Monthly Gallium Market Report Apr 2020
2020-05-12 14:20:39 【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
During the first and middle ten-day of April, although Chinese gallium metal 99.99%min consumers still purchased by orders with weak demand, the prices kept firm as Chinese gallium metal 99.99%min producers generally insisted on their offers. But the prices showed the downtrend at the end of this month as some producers began to mark down their offers to get orders due to poor demand and some traders were also in a hurry to sell their stocks as they held no confidence about the future market.
In view of the high freight, overseas consumers generally consumed their stocks firstly, so the export market of Chinese gallium metal 99.99%min ran slowly with inactive deals in April.
Due to the COVID-19, European and American gallium metal 99.99%min market kept quiet and insiders preferred to watch the market with weak demand.
During the first and middle ten-day of April, although Chinese gallium metal 99.99%min consumers still purchased by orders with weak demand, the prices kept firm as Chinese gallium metal 99.99%min producers generally insisted on their offers. But the prices showed the downtrend at the end of this month as some producers began to mark down their offers to get orders due to poor demand and some traders were also in a hurry to sell their stocks as they held no confidence about the future market.
In view of the high freight, overseas consumers generally consumed their stocks firstly, so the export market of Chinese gallium metal 99.99%min ran slowly with inactive deals in April.
Due to the COVID-19, European and American gallium metal 99.99%min market kept quiet and insiders preferred to watch the market with weak demand.
