China gallium price up on higher offers amid reduced supply

The spot price for gallium in China’s domestic market rose as of Wednesday March 18, after many suppliers raised offer prices in response to reduced supply, market participants told Fastmarkets.

Fastmarkets’ assessment for gallium 99.99% Ga min, in-whs China hit 1,000-1,050 yuan ($143-150) per kg on March 18, up from 970-1,000 yuan per kg the previous week.

The supply of gallium in China reduced after one of Aluminium Corporation of China's (Chalco) plants - located in Zhengzhou city in Henan province -recently...

Published

Amy Lv

March 18, 2020

13:18 GMT

Shanghai