Gallium Market Report July 2013
2013-08-16 08:53:53 【Print】
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The Chinese gallium metal market moved slowly in July without any improvements
. Consumers lacked enthusiasm to make purchases and only bought the material to meet their immediate demand . The mainstream prices of gallium metal 99.99%min kept at RMB1,600-1,650/kg (USD261-269/kg) . Since demand from downstream industry showed no signs of recovery, the market lacked impetus to go up . European gallium metal market remained sluggish in the month . Demand was depressed and few deals can be concluded in the spot market. Since some market participants left the market to have summer holidays in the middle of the month, the gallium market became stagnant and prices decreased slightly from USD285-305/kg to USD275-295/kg in warehouse Rotterdam .