Monthly Gallium Market Report Jun 2020
2020-07-01 21:28:37 【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
In June, as Chinese gallium metal 99.99%min downstream consumers kept watching the market with poor demand, the mainstream prices of the material continued going down in hole of this month. Producers generally did long-term contracts and most of them held a little of stocks for selling in the spot market. Traders had to mark down their offers to get orders due to the inactive inquiries.
The export market of Chinese gallium metal 99.99%min also saw limited transactions as most overseas buyers just purchased by orders, refusing to hold more stocks in view of poor orders in June.
Both European and American gallium metal 99.99%min market remained smooth due to the COVID-19. Downstream consumers generally watched the market with limited orders in June.
In June, as Chinese gallium metal 99.99%min downstream consumers kept watching the market with poor demand, the mainstream prices of the material continued going down in hole of this month. Producers generally did long-term contracts and most of them held a little of stocks for selling in the spot market. Traders had to mark down their offers to get orders due to the inactive inquiries.
The export market of Chinese gallium metal 99.99%min also saw limited transactions as most overseas buyers just purchased by orders, refusing to hold more stocks in view of poor orders in June.
Both European and American gallium metal 99.99%min market remained smooth due to the COVID-19. Downstream consumers generally watched the market with limited orders in June.
