Indium Market Report May 2012

Chinese indium market continued to be weak in May due to the low demand from downstream industries.Asian Metal Copyright99%min continued to move down slightly to RMB3,320-3,420kg USD527-543kg VAT included by the end of this month.Asian Metal Copyright As some investors started to make purchase, the prices of indium metal 99.99%min stabilized at RMB3,430-3,530/kg (USD544-560) VAT included in the first half of May and then declined to RMB3,400-3,500/kg (USD540-556/kg) VAT included.Asian Metal Copyright As the demand from the ITO industry still does not show any sign of recovery, the indium market is unlikely to recover in June.Asian Metal Copyright The demand of the investors were not sufficient for the market to firm up; therefore, the prices of indium metal 99.99%min continued to move down slightly to RMB3,320-3,420/kg (USD527-543/kg) VAT included by the end of this month.Asian Metal Copyright The demand of the investors were not sufficient for the market to firm up; therefore, the prices of indium metal 99.Asian Metal Copyright As the demand from the ITO industry still does not show any sign of recovery, the indium market is unlikely to recover in June.Asian Metal Copyright99%min continued to move down slightly to RMB3,320-3,420kg USD527-543kg VAT included by the end of this month.Asian Metal Copyright