Indium Market Report March 2016
2016-04-22 09:36:26 【Print】
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Prices for Chinese indium ingot 99
. 99%min fluctuated during the first half of March and then trended stable within the latter part of the month . Quotations in the spot market rose as prices on the e-trading platform in the China Stainless Steel Exchange based in Wuxi went up rapidly during the first half of the month; however, owing to poor demand for the material, suppliers struggled to close deals with prices offered by end users being well below quotations . In the latter part of the month, suppliers gave up holding firm in their quotes and thus prices fell back to the level seen in early March . However, the market was slow with transactions being stuck in a stalemate as demand had yet to improve.