Gallium Market Report December 2012
2013-01-08 09:40:00 【Print】
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Chinese gallium metal market saw few changes in December
. Consumers still lacked enthusiasm to make procurements, so suppliers received rare inquiries and were under pressure to conclude deals successfully . Producers revealed that the mainstream price of gallium metal 99.99%min was at RMB 1,700-1,800/kg (USD272-288/kg), if the dealing amounts were not large, the price would be at RMB1,800-1,900/kg (USD288-305/kg) . Market participants lack confidence on the future market and predict that the market has no much potential to go up in the coming weeks . In addition, Chinese export price decreased slightly from USD290-310 to USD280-300 in December . Weak demand from the international markets is the main factor which leads to the reduced price .