Debao Gallium to resume gallium metal production
2021-03-11 08:26:55 [Print]
BEIJING (Asian Metal) 11 Mar 21 – One of major Chinese gallium metal 99
The source said, "Considering that the prices of Chinese gallium metal 99.99%min kept going up over the past year and the supply keeps tight now, we plan to resume gallium metal 99 . 99%min production at the end of March and expect to produce about 3t a month . " They hold no stocks at present and won't sell the material to the spot market in view of that they will consume all of their gallium metal 99 . 99%min to produce gallium metal 99 . 99999%min.
The producer, based on a production capacity of 40tpy of gallium metal 99.99%min, halted the production since May 2016 due to the low prices level . They hold no inventory at present, unchanged from the end of February.
Currently, the mainstream prices of Chinese gallium metal 99.99%min increase to RMB2,600-2,650/kg (USD400-407/kg) EXW D/P, up by RMB250/kg (USD38/kg) from early this week . The producer predicts that the prices would keep firm in the coming week given that most producers insist on their prices with limited stocks.
. 99%min producers, Guangxi Debao Gallium Industry Co . expects to resume gallium metal 99 . 99%min production at the end of March and plans to produce around 3t a month, a source from the company disclosed to Asian Metal.The source said, "Considering that the prices of Chinese gallium metal 99.99%min kept going up over the past year and the supply keeps tight now, we plan to resume gallium metal 99 . 99%min production at the end of March and expect to produce about 3t a month . " They hold no stocks at present and won't sell the material to the spot market in view of that they will consume all of their gallium metal 99 . 99%min to produce gallium metal 99 . 99999%min.
The producer, based on a production capacity of 40tpy of gallium metal 99.99%min, halted the production since May 2016 due to the low prices level . They hold no inventory at present, unchanged from the end of February.
Currently, the mainstream prices of Chinese gallium metal 99.99%min increase to RMB2,600-2,650/kg (USD400-407/kg) EXW D/P, up by RMB250/kg (USD38/kg) from early this week . The producer predicts that the prices would keep firm in the coming week given that most producers insist on their prices with limited stocks.