Gallium Market Report April 2011
2011-05-23 16:26:11 【Print】
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The Chinese tight supply for gallium has not been remitted, and domestic supply is extremely tight as main gallium producers are grudging in selling in the spot market to guarantee long-term contracts
Domestic gallium metal is mainly used for LED lightening, wireless communication and magnetic materials. In recent years, with the occurrence of the idea of environmental protection and the flourished development of LED industry, the energy-consumption LED light obtained increasingly attention from traders, resulting in higher demand for gallium in the field of LED.
. Gallium demand continues moving up with the high development of LED and its downstream production, and production capacities of gallium still could not meet its growing . Gallium price continues increasing in April. Domestic gallium metal is mainly used for LED lightening, wireless communication and magnetic materials. In recent years, with the occurrence of the idea of environmental protection and the flourished development of LED industry, the energy-consumption LED light obtained increasingly attention from traders, resulting in higher demand for gallium in the field of LED.