Gallium Market Report August 2016
2016-11-28 14:21:14 【Print】
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The Chinese gallium metal 99
. 99%min market entered its slack season in August and end consumers mainly purchased from hand to mouth with no improvement seen in demand . Affected by the declining stocks of producers in late August, suppliers were quick to lift offers and traders made plenty of enquiries, while only rebuilding stocks to a limited extent in practice. As mainstream prices for gallium metal still stood at less than RMB800/kg, which was lower than the production cost, producers generally had no intention of resuming production.