European indium ingot market movements slowly
2023-04-21 10:52:02 [Print]
BEIJING (Asian Metal) 21 Apr 23 - European indium ingot 99
A European trader stated that they did not close any deal of indium ingot 99.995%min over the past three weeks as their consumers generally consume the stocks and few of them tend to build inventory at present, while they usually could sell around 100kg a week in the spot market before. They offer USD230/kg in warehouse Rotterdam for indium ingot 99 . 995%min at present and refuse to sell below this price even for firm bids, unchanged from early this week. They last sold around 100kg at USD230/kg in warehouse Rotterdam at the end of March . The source said, "We believe that the prevailing prices of European indium ingot 99 . 995%min would remain stable in the upcoming week due to unchanged prices from suppliers."
The trader, based on a regular monthly trading volume of 1t of indium ingot 99.995%min, expects to close no deal in April and sold around 1t in March . They hold around 2t of inventory presently, unchanged from the end of last month.
Another trader in Europe disclosed that they only sold around 100kg of indium ingot 99.995%min since early this week, while usually could sell more than 500kg a week before . As their consumers generally did not start to build stocks, they hardly to close more deals in April. They insist on USD230/kg in warehouse Rotterdam for indium ingot 99 . 995%min for firm bids no more than 100kg and last sold around 100kg at this price early this week . The source said, "We are of the opinion that the mainstream prices of European indium ingot 99 . 995%min would stay firm in the coming week due to stable prices from suppliers now."
The trader, with a regular monthly trading volume of 2t of indium ingot 99.995%min, holds more than 10t of stocks now, unchanged MoM . They expect to sell around 2t in April, almost the same as last month . They sold around 18t in 2022 and about 5t till now in 2023.
. 995%min market movements slowly at present as most downstream consumers only watch the market without any purchase plans in view of soft demand . Currently, the mainstream prices of European indium ingot 99.995%min hover at USD218-223/kg in warehouse Rotterdam, down by about USD1/kg from the end of last week . Market participants forecast that the mainstream prices of European indium ingot 99 . 995%min would keep stable in the coming week as most suppliers refuse to lower the price further.
A European trader stated that they did not close any deal of indium ingot 99.995%min over the past three weeks as their consumers generally consume the stocks and few of them tend to build inventory at present, while they usually could sell around 100kg a week in the spot market before. They offer USD230/kg in warehouse Rotterdam for indium ingot 99 . 995%min at present and refuse to sell below this price even for firm bids, unchanged from early this week. They last sold around 100kg at USD230/kg in warehouse Rotterdam at the end of March . The source said, "We believe that the prevailing prices of European indium ingot 99 . 995%min would remain stable in the upcoming week due to unchanged prices from suppliers."
The trader, based on a regular monthly trading volume of 1t of indium ingot 99.995%min, expects to close no deal in April and sold around 1t in March . They hold around 2t of inventory presently, unchanged from the end of last month.
Another trader in Europe disclosed that they only sold around 100kg of indium ingot 99.995%min since early this week, while usually could sell more than 500kg a week before . As their consumers generally did not start to build stocks, they hardly to close more deals in April. They insist on USD230/kg in warehouse Rotterdam for indium ingot 99 . 995%min for firm bids no more than 100kg and last sold around 100kg at this price early this week . The source said, "We are of the opinion that the mainstream prices of European indium ingot 99 . 995%min would stay firm in the coming week due to stable prices from suppliers now."
The trader, with a regular monthly trading volume of 2t of indium ingot 99.995%min, holds more than 10t of stocks now, unchanged MoM . They expect to sell around 2t in April, almost the same as last month . They sold around 18t in 2022 and about 5t till now in 2023.