Gallium Market Report August 2012
2012-09-20 17:14:47 【Print】
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Chinese gallium market stayed dull in August as the demand from downstream industries did not see any improvement
. Most consumers were still inclined to make purchase from hand to mouth instead of holding inventories in large volume . The prices of gallium metal 99 . 99%min showed downward tendencies . But as the gallium price was close to the production cost, the room for further decline was limited . The prices of gallium metal 99.99%min moved down from RMB1,700-1,900/kg (USD268-300/kg) in early August to RMB1,650-1,850/kg (USD260-292/kg) in late August, with a decrement of around 3% . The LED and solar energy industries still move slowly, which leads the demand for gallium metal 99 . 99%min to remain weak . The gallium market is likely to keep quiet in September.