Gallium Market Report July 2012
2012-08-13 11:38:33 【Print】
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Domestic gallium metal market remained sluggish as downstream demand had no change in July. Many consumers were not willing to hold much inventory and tended to take hand-to-mouth approach to avoid risk associated with downside risk. Although price of gallium metal 99.99% was still on downward trend, it did decelerate as current level has been very closed to cost price. The price declined from RMB1,800-2,000/kg early this month to RMB1,700-1,900/kg in the end of this year, down by 5%, which is much lower than the drop of 10% in June. The market is anticipated to keep dim in August as demand from LED and solar energy sectors, which still run slowly, has no recovery.
