Chinese gallium metal market inactive

BEIJING (Asian Metal) 6 Mar 24 - Chinese gallium metal 99.Asian Metal Copyright99%min, holds around 500kg of stock now, in line with late last month.Asian Metal Copyright99%min market ran slowly over the past week.Asian Metal Copyright Insiders predicted that the prevailing prices of Chinese gallium metal 99.Asian Metal Copyright Given the downstream held back from purchasing, some suppliers marked down their quotations.Asian Metal Copyright99%min would hover at the current level in the forthcoming week.Asian Metal Copyright Currently, the mainstream prices of Chinese gallium metal 99.99%min slid to RMB2,150-2,200/kg (USD298.Asian Metal Copyright They last sold around 200kg at RMB2,250kg USD312.Asian Metal Copyright85-305.80/kg) EXW D/P, down by RMB10/kg from late last week.Asian Metal Copyright75kg EXW TT 30 days early last week.Asian Metal Copyright Insiders predicted that the prevailing prices of Chinese gallium metal 99.Asian Metal Copyright07kg presently, while they refused to sell at any price lower than RMB2,200kg USD305.Asian Metal Copyright99%min would go soft in the upcoming week due to watchful attitudes from the downstream.

A trader in South China disclosed that they failed to receive inquiries for gallium metal over the past two days, while they got 2-3 inquiries early last week. They last sold around 200kg at RMB2,250/kg (USD312.75/kg) EXW T/T 30 days early last week.Asian Metal CopyrightBEIJING Asian Metal 6 Mar 24 -Chinese gallium metal 99.Asian Metal Copyright "As our clients held back from purchasing with soft demand, we believed that the mainstream prices of Chinese gallium metal 99.Asian Metal Copyright Given the downstream held back from purchasing, some suppliers marked down their quotations.Asian Metal Copyright99%min would slide further in the upcoming days", said the trade. They considered selling at prices as low as RMB2,150/kg (USD298.85/kg) presently, while they had no intention to sell at prices less than RMB2,200/kg (USD305.80/kg) early last week.

The trader, having a regular monthly trading volume of 1t of gallium metal 99.99%min, holds around 500kg of stock now, in line with late last month.Asian Metal Copyright Currently, the mainstream prices of Chinese gallium metal 99.Asian Metal Copyright They expected to sell around 500kg this month and sold around 1t last month.

Another trader in South China mentioned that they failed to conclude any deal of gallium metal 99.99%min since early last week, when they closed at least one deal. "We last sold around 500kg at RMB2,200/kg (USD305.80/kg) EXW D/P early last week", said the trader. They could accept the price as low as RMB2,130/kg (USD296.07/kg) presently, while they refused to sell at any price lower than RMB2,200/kg (USD305.80/kg) one week ago.Asian Metal Copyright75kg EXW TT 30 days early last week.Asian Metal Copyright Despite that the downstream held watchful attitudes, most producers intended to continue holding prices firm.Asian Metal Copyright80kg EXW DP early last week", said the trader.Asian Metal Copyright Therefore, they predicted that the mainstream prices of Chinese gallium metal 99.Asian Metal Copyright They expected to sell about 1t this month, without much change from last month.Asian Metal Copyright99%min would hover at the current level in the forthcoming week.

The trader, with a regular monthly trading volume of 1.5t of gallium metal 99.Asian Metal Copyright Despite that the downstream held watchful attitudes, most producers intended to continue holding prices firm.Asian Metal Copyright99%min, hold around 1t of stocks now, in line with the end of last month.Asian Metal Copyright "We last sold around 500kg at RMB2,200kg USD305.Asian Metal Copyright They expected to sell about 1t this month, without much change from last month.Asian Metal Copyright They could accept the price as low as RMB2,130kg USD296.Asian Metal Copyright They sold around 25t in 2022 and about 19t in 2023.
.Asian Metal Copyright75kg EXW TT 30 days early last weekAsian Metal Copyright