Gallium Market Report April 2012
2012-06-19 08:45:46 【Print】
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Affected by the low demand from downstream industries, Chinese gallium market still moved quite slowly in April
. Most end-users were unwilling to hold inventories in large volume and still took a hand-to-mouth purchasing strategy . The prices of Chinese gallium metal 99.99%min decreased from RMB2,500-2,700/kg (USD397-429/kg) in early April to RMB2,350-2,550/kg (USD373-405/kg) in late April, with a 6% decrease throughout this month . As the demand from the consumers is still low, the gallium market will not firm up in May, and the prices of gallium metal 99 . 99%min could move down further.