Gallium Market Report December 2015
2016-01-27 12:06:36 【Print】
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The Chinese gallium metal 99
. 99%min market was quiet in December, with the oversupply not yet addressed and mainstream transaction prices continuing to slip in the spot market, following the trend in November . As transaction prices for gallium metal were mostly below the production cost this month, producers were sure to suffer losses if they sold the metal, so they were in a dilemma . However, as stocks at those producers who were in production continued to increase slowly at the end of the month withno improvement in the problem of stockpiling, the producers began competing with each other on price and spot markets saw sporadic transactions in North America and Europe . In particular, almost no transactions were concluded at the end of the month as business was suspended for the holidays.