Gallium Market Report June 2013
2013-07-17 09:11:30 【Print】
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The Chinese gallium metal market remained inactive in June
. A few producers lowered their quotations slightly . Prices of gallium metal 99.99%min were at RMB1,650-1,750/kg (USD269-285/kg) at the beginning of the month and stayed at RMB1,600-1,700/kg (USD261-277/kg) at the end of the month, with a down range of RMB50/kg (USD8/kg) . The market continued to be at low level as demand showed no any signs of increasing . Buyers lacked enthusiasm to make procurements . The market lacked impetus to go up . Market participants predict that the gallium metal market in China will be unlikely to turn better in the coming days . Overseas markets also saw no better evidence in June . End users preferred to hold wait-and-see attitudes toward the market because of the weak demand . Many market participants lacked confidence on the market .