Gallium Market Report December 2012

Chinese gallium metal market saw few changes in December.Asian Metal Copyright Market participants lack confidence on the future market and predict that the market has no much potential to go up in the coming weeks.Asian Metal Copyright Consumers still lacked enthusiasm to make procurements, so suppliers received rare inquiries and were under pressure to conclude deals successfully.Asian Metal Copyright In addition, Chinese export price decreased slightly from USD290-310 to USD280-300 in December.Asian Metal Copyright Producers revealed that the mainstream price of gallium metal 99.99%min was at RMB 1,700-1,800/kg (USD272-288/kg), if the dealing amounts were not large, the price would be at RMB1,800-1,900/kg (USD288-305/kg).Asian Metal Copyright Consumers still lacked enthusiasm to make procurements, so suppliers received rare inquiries and were under pressure to conclude deals successfully.Asian Metal Copyright Market participants lack confidence on the future market and predict that the market has no much potential to go up in the coming weeks.Asian Metal Copyright Weak demand from the international markets is the main factor which leads to the reduced price.Asian Metal Copyright In addition, Chinese export price decreased slightly from USD290-310 to USD280-300 in December.Asian Metal Copyright99%min was at RMB 1,700-1,800kg USD272-288kg, if the dealing amounts were not large, the price would be at RMB1,800-1,900kg USD288-305kg.Asian Metal Copyright Weak demand from the international markets is the main factor which leads to the reduced price.Asian Metal CopyrightChinese gallium metal market saw few changes in December.Asian Metal Copyright