Monthly Gallium Market Report Nov 2020
2020-12-09 14:23:40 【Print】
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1 Market Highlights
In November, as some Chinese gallium metal 99.99%min producers resumed the production slowly, most of them insisted on marking up their offers with limited transactions. The market saw active deals as downstream consumers purchased more than one month's demand for the end of this year and they kept worried that the materials' supply would remain tight.
This month, given that Chinese gallium metal 99.99%min exporters marked up their offers, overseas buyers generally held back from purchasing, watching the market with limited orders. The export market witnessed limited deals.
This month, European and American gallium metal 99.99%min market kept quiet and downstream consumers only purchased by weak demand and most of them preferred to watch the market in view of increasing prices.
In November, as some Chinese gallium metal 99.99%min producers resumed the production slowly, most of them insisted on marking up their offers with limited transactions. The market saw active deals as downstream consumers purchased more than one month's demand for the end of this year and they kept worried that the materials' supply would remain tight.
This month, given that Chinese gallium metal 99.99%min exporters marked up their offers, overseas buyers generally held back from purchasing, watching the market with limited orders. The export market witnessed limited deals.
This month, European and American gallium metal 99.99%min market kept quiet and downstream consumers only purchased by weak demand and most of them preferred to watch the market in view of increasing prices.
