Indium Market Report October 2015
2015-11-26 18:05:59 【Print】
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In October, the mainstream price of indium ingot 99
. 99%min was on the decline once again after the stability of late September . However, the price still didn’t appear to have reached the bottom despite the current level being the lowest recorded over the past few years . The market confidence was fragile with market participants pessimistic in outlook . Traders began releasing stocks and gradually withdrew from the market . Monthly sales were holding up at 500-800kg, supported by purchases from a few regular consumers . Indium ingot producers continued to reduce or suspend production with some only maintaining normal operations on OEM work that was part of the ITO targets . The first month of Q4 saw scarcely any deals concluded withdemandextremely sluggish.