Gallium Market Report February 2016
2016-03-11 09:16:38 【Print】
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The Chinese gallium metal 99
. 99%min market was weak on the whole during February . Market transactions were sparse over the first half of the month as most end users had finished their purchases before the Spring Festival . The market saw almost no spot deals and settled into a stalemate during the holiday, but plants which were in production before the festival maintained normal production during this period . Market demand remained sluggish after the long holiday because end users only returned to the market slowly . Market participants anticipated that demand from end users would remain stable during 2016, but some suppliers will continue to lower their prices to boost sales due to capital and inventory pressure . The Japanese and South Korean markets saw regular purchases, while the European and North American markets were relatively quiet with weak demand.