Monthly Gallium Market Report Oct 2020
2020-11-10 09:31:52 【Print】
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1 Market Highlights
In October, Chinese gallium metal 99.99%min producers generally held back from selling with limited stocks and most of them preferred to mark up their offers. Some downstream consumers had to accept higher offers due to few stocks but most of them kept watching the market with poor orders. The market witnessed active deals in the second half of October in view of the increasing offers from suppliers.
This month, Chinese gallium metal 99.99%min export market ran slowly as overseas buyers generally held back from purchasing due to high offers from exporters.
In October, European and American gallium metal 99.99%min market remained quiet due to the second COVID-19. Downstream consumers generally purchased by limited orders.
In October, Chinese gallium metal 99.99%min producers generally held back from selling with limited stocks and most of them preferred to mark up their offers. Some downstream consumers had to accept higher offers due to few stocks but most of them kept watching the market with poor orders. The market witnessed active deals in the second half of October in view of the increasing offers from suppliers.
This month, Chinese gallium metal 99.99%min export market ran slowly as overseas buyers generally held back from purchasing due to high offers from exporters.
In October, European and American gallium metal 99.99%min market remained quiet due to the second COVID-19. Downstream consumers generally purchased by limited orders.
