Key chipmaking material prices soar ahead of Chinese export curbs

  • Gallium prices are surging after China said it would start requiring permits to export the key metal and other chipmaking materials in August, signaling a potentially significant impact on the industry.
  • The benchmark price for gallium in the U.S. and European markets reached $332.50 per kilogram on July 20, according to U.K.-based Argus Media — up 18% from the end of June, before China made its announcement on July 3.
  • The price for germanium, another material affected by the permit rule, is on the rise as well. The benchmark in the U.S. and European market had increased 4% since the announcement to around $1,390 per kg as of July 13.

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