Monthly Gallium Market Report Apr 2019
2019-05-10 17:15:51 【Print】
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1. Market Highlights
Mainstream prices for Chinese gallium metal 99.99%min kept edging down in April, with inactive transactions in spot market . As the demand from downstream consumers, especially gallium arsenide and molybdenum industries, was weak, gallium metal market saw inactive purchases . As a result, producers lowered their offers . Considering Fanya's 34 . 64t of indium ingot were auctioned in April, most market participants worried that Fanya's about 192t of gallium metal 99 . 99%min prices would also be auctioned, and they predicted that Chinese gallium metal 99 . 99%min prices would continue to edge down in May.
Mainstream prices for Chinese gallium metal 99.99%min kept edging down in April, with inactive transactions in spot market . As the demand from downstream consumers, especially gallium arsenide and molybdenum industries, was weak, gallium metal market saw inactive purchases . As a result, producers lowered their offers . Considering Fanya's 34 . 64t of indium ingot were auctioned in April, most market participants worried that Fanya's about 192t of gallium metal 99 . 99%min prices would also be auctioned, and they predicted that Chinese gallium metal 99 . 99%min prices would continue to edge down in May.