Monthly Gallium Market Report Nov 2018
2018-12-13 09:32:25 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
Mainstream prices for Chinese gallium metal 99.99%min showed downtrend in November. End consumers and traders were reluctant to keep stocks and showed little interest in purchasing spot products with the coming of the end of the year and holidays for Christmas Day and New Year's Day. Chinese suppliers did not sell smoothly, so they continued to lower prices to ease their inventory pressure, but the transactions remained limited as purchasers still held a pessimistic attitude towards the market outlook. Therefore, insiders believed that gallium metal 99.99%min prices would move down in December.
Mainstream prices for Chinese gallium metal 99.99%min showed downtrend in November. End consumers and traders were reluctant to keep stocks and showed little interest in purchasing spot products with the coming of the end of the year and holidays for Christmas Day and New Year's Day. Chinese suppliers did not sell smoothly, so they continued to lower prices to ease their inventory pressure, but the transactions remained limited as purchasers still held a pessimistic attitude towards the market outlook. Therefore, insiders believed that gallium metal 99.99%min prices would move down in December.
