Monthly Indium Market Report Jun 2019
2019-07-04 17:54:58 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
Although there were many rumors about the auctions of Fanya's stocks of indium ingot 99.99%min in May, the company failed to auction the material. Thus, mainstream prices for the material rebounded in early June, and tended to be stable in mid-to-late June. The spot market saw active enquiries and transactions in the first half of the month, and most of the purchasers were of traders and speculators. Consumers still purchased on rigid demand. As the offers of Chinese suppliers were higher than those of overseas ones, overseas purchasers preferred to wait on the sidelines and were inactive in purchasing. Market participants predicted that mainstream prices for Chinese indium ingot 99.99%min would be stable in July supported by the firm production costs.
Although there were many rumors about the auctions of Fanya's stocks of indium ingot 99.99%min in May, the company failed to auction the material. Thus, mainstream prices for the material rebounded in early June, and tended to be stable in mid-to-late June. The spot market saw active enquiries and transactions in the first half of the month, and most of the purchasers were of traders and speculators. Consumers still purchased on rigid demand. As the offers of Chinese suppliers were higher than those of overseas ones, overseas purchasers preferred to wait on the sidelines and were inactive in purchasing. Market participants predicted that mainstream prices for Chinese indium ingot 99.99%min would be stable in July supported by the firm production costs.
