Monthly Gallium Market Report Jan 2021
2021-02-05 23:52:38 【Print】
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1 Market Highlights
In January, Chinese gallium metal 99.99%min producers generally kept moving up their prices with few stocks and the market saw active deals considering that most downstream consumers purchased more than one month's consuming volume for the holiday. Due to the tight supply from producers, the prices in late January increased to the highest prices level in the past five years.
This month, as Chinese gallium metal 99.99%min export prices kept increasing, overseas buyers stopped watching and began to purchase as most of them worried about that the prices would continue going up in the coming months. The export market saw active inquiries and deals during January.
In January, both European and American gallium metal 99.99%min market ran smoothly and most downstream consumers kept purchasing by orders.
In January, Chinese gallium metal 99.99%min producers generally kept moving up their prices with few stocks and the market saw active deals considering that most downstream consumers purchased more than one month's consuming volume for the holiday. Due to the tight supply from producers, the prices in late January increased to the highest prices level in the past five years.
This month, as Chinese gallium metal 99.99%min export prices kept increasing, overseas buyers stopped watching and began to purchase as most of them worried about that the prices would continue going up in the coming months. The export market saw active inquiries and deals during January.
In January, both European and American gallium metal 99.99%min market ran smoothly and most downstream consumers kept purchasing by orders.
