Indium Market Report August 2013

Chinese indium ingot prices continued to rise from RMB4,250-4,350/kg (USD693-709/kg)) VAT included to RMB4,500-4,600/kg (USD734-750/kg) VAT included in August due to investors, and the price hike was 5%. On the other hand, the European market also saw indium ingot prices rising from USD570-600/kg to USD650-680/kg due to short supply in the spot market.Asian Metal Copyright On the other hand, the European market also saw indium ingot prices rising from USD570-600kg to USD650-680kg due to short supply in the spot market.Asian Metal Copyright The price hike was 13%.Asian Metal Copyright The price hike seen in the global indium ingot market was the result of speculation conducted by Chinese investors.Asian Metal Copyright Participants, however, noted that large downstream producers of ITO targets did not increase purchase volume and just took regular purchase strategies.Asian Metal Copyright Participants, however, noted that large downstream producers of ITO targets did not increase purchase volume and just took regular purchase strategies.Asian Metal Copyright They also continued to import nothing from China in the month.Asian Metal CopyrightChinese indium ingot prices continued to rise from RMB4,250-4,350kg USD693-709kg VAT included to RMB4,500-4,600kg USD734-750kg VAT included in August due to investors, and the price hike was 5%.Asian Metal Copyright The price hike seen in the global indium ingot market was the result of speculation conducted by Chinese investors.Asian Metal Copyright Indium ingot have stocked nearly 1,500 tons just in Fanya Exchange by the end of August.Asian Metal Copyright (Indium ingot have stocked nearly 1,500 tons just in Fanya Exchange by the end of August).Asian Metal Copyright Indium ingot have stocked nearly 1,500 tons just in Fanya Exchange by the end of AugustAsian Metal Copyright