Gallium price will remain stable
2006-03-28 09:32:11 【Print】
BEIJING (Asian Metal) 28 Mar 06 – Gallium is one of the material that has not seen any good market for a long time and participants think the price will remain stable for a long time.
A source that told Asian Metal that he is selling at around USD320-340/kg said because of the sluggishness of the market he is not putting more effort on the material. “The price is flat and I am sure it will remain like this for a long time,” said the source who claimed to have received few inquiries but have not serviced them yet .
In testimony to the steady price of gallium, a U.K . trader said gallium market is flat with demand not increasing and they are seeing the same amount of demand every month, so he feels with this position of the market, price will remain stable for a long time .
Analysts said gallium is still much in the market while demand is not increasing, unless the quantity of the material is reduced that is when there will be movement in the market.