Chinese suppliers hold gallium price firm after alumina production suspension

The domestic spot price for gallium in China has remained unchanged for around a month, with suppliers holding their offers steady despite persistently weak demand because some domestic alumina refiners were ordered to halt production, market sources told Fastmarkets on Tuesday June 11.

Fastmarkets assessed the price of Chinese domestic gallium, min 99.99%, at 950-980 yuan ($137-141) per kg on June 5, unchanged since mid-May and the lowest level since November 2017. In China, around 90% of the primary gallium supply is extracted in the process of refining alumina, so any reduction in alumina production will bring about a probable cut in gallium output, market sources said. Xinfa’s Jiaokou alumina refinery, in northern China’s Shanxi province, for example, was ordered to stop alumina production after it was alleged to have caused environmental damage on May 8. The plant has capacity for 2.6 million tonnes per year of alumina. “This [cut...

Published

Amy Lv

June 11, 2019

14:35 GMT

Shanghai