Guangxi Debao to halt gallium metal production
2023-04-21 08:24:20 [Print]
BEIJING (Asian Metal) 21 Apr 23 - One of major Chinese gallium metal 99
The source said, "We kept repairing and renovating the old equipment since last November and plan to halt gallium metal 99.99%min at the end of this month with an earliest resume production plan late May . " They hold back from offering for gallium metal 99 . 99%min at present and mainly consume the material by themselves.
The producer, based on a production capacity of 70tpy of gallium metal 99.99%min, expects to produce around 5t in April, unchanged MoM . They hold no stock now, in line with the end of March . They produced about 42t totally in 2022 and almost 15t since early 2023.
Currently, the mainstream prices of Chinese gallium metal 99.99%min hover at RMB1,750-1,800/kg (USD254-262/kg) EXW D/P, up by RMB30/kg (USD4.36/kg) EXW D/P from the beginning of this week . With increasing demand from downstream consumers, market participants believe that the prevailing prices of Chinese gallium metal 99 . 99%min would continue going up slightly in the coming week.
. 99%min producers, Guangxi Debao Gallium Industry Co . plans to halt gallium metal 99 . 99%min production at the end of April and expects to resume the production late May as soon as possible, a source from the company disclosed to Asian Metal.
The source said, "We kept repairing and renovating the old equipment since last November and plan to halt gallium metal 99.99%min at the end of this month with an earliest resume production plan late May . " They hold back from offering for gallium metal 99 . 99%min at present and mainly consume the material by themselves.
The producer, based on a production capacity of 70tpy of gallium metal 99.99%min, expects to produce around 5t in April, unchanged MoM . They hold no stock now, in line with the end of March . They produced about 42t totally in 2022 and almost 15t since early 2023.
Currently, the mainstream prices of Chinese gallium metal 99.99%min hover at RMB1,750-1,800/kg (USD254-262/kg) EXW D/P, up by RMB30/kg (USD4.36/kg) EXW D/P from the beginning of this week . With increasing demand from downstream consumers, market participants believe that the prevailing prices of Chinese gallium metal 99 . 99%min would continue going up slightly in the coming week.