Gallium Market Report July 2012

Domestic gallium metal market remained sluggish as downstream demand had no change in July.Asian Metal Copyright The market is anticipated to keep dim in August as demand from LED and solar energy sectors, which still run slowly, has no recovery.Asian Metal Copyright Many consumers were not willing to hold much inventory and tended to take hand-to-mouth approach to avoid risk associated with downside risk.Asian Metal Copyright The price declined from RMB1,800-2,000kg early this month to RMB1,700-1,900kg in the end of this year, down by 5%, which is much lower than the drop of 10% in June.Asian Metal Copyright Although price of gallium metal 99.Asian Metal CopyrightDomestic gallium metal market remained sluggish as downstream demand had no change in July.Asian Metal Copyright99% 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.Asian Metal Copyright Many consumers were not willing to hold much inventory and tended to take hand-to-mouth approach to avoid risk associated with downside risk.Asian Metal Copyright The market is anticipated to keep dim in August as demand from LED and solar energy sectors, which still run slowly, has no recovery.Asian Metal Copyright Many consumers were not willing to hold much inventory and tended to take hand-to-mouth approach to avoid risk associated with downside risk.Asian Metal Copyright