Gallium

Gallium increased 1,100 CNY/Kg or 48.35% since the beginning of 2022, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Gallium reached an all time high of 3375 in June of 2022. Gallium is a soft, silvery-white metal, similar to aluminum. It is an important component of many semiconductors. It is a useful silicon substitute for the electronics industry and it is also used in red LEDs.China accounts for more than 80% of global low-grade primary gallium capacity. Germany, Japan, the Republic of Korea, Russia, and Ukraine are also significant producers. Futures are available for trading in the Shanghai Metal Market (SMM). Futures contracts for Gallium are financial instruments that allow producers, large consumers, and speculators, to offset or assume the risk of a price change of holding a quantity of Gallium over time. Prices for Gallium displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments.
. This page includes a chart with historical data for Gallium.

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