Indium Market Report February 2013

The Chinese indium ingot market varied slightly due to prices increasing in February.Asian Metal Copyright Influenced by the tight supply of crude indium, prices of indium ingot 99.Asian Metal Copyright Influenced by the tight supply of crude indium, prices of indium ingot 99.99%min raised from RMB3,450-3,550/kg (USD554-571/kg) VAT included at the end of January to RMB3,500-3,600/kg (USD563-579/kg) VAT included in early February.Asian Metal Copyright In the meantime, prices in the overseas market also went up in February influenced by the speculations of investors and tight supply.Asian Metal Copyright However, demand from downstream industry remained weak and deals in the spot market were few.Asian Metal Copyright Prices of indium ingot 99.Asian Metal Copyright As there were few operators in the market during the Spring Festival holidays, deals of indium ingot became scarce.Asian Metal Copyright99%min reached to RMB3,520-3,620kg USD566-582kg VAT included at the end of February since suppliers of crude indium held their prices firm and producers’ production cost increased.Asian Metal Copyright In late February, many companies came back to the market gradually.Asian Metal Copyright As there were few operators in the market during the Spring Festival holidays, deals of indium ingot became scarce.Asian Metal Copyright Prices of indium ingot 99.99%min reached to RMB3,520-3,620/kg (USD566-582/kg) VAT included at the end of February since suppliers of crude indium held their prices firm and producers’ production cost increased.Asian Metal Copyright However, demand from downstream industry remained weak and deals in the spot market were few.Asian Metal Copyright Market participants stated that end users still lacked enthusiasm to make procurements while purchases from investors and traders increased a bit.Asian Metal Copyright However, demand from downstream industry remained weak and deals in the spot market were few.Asian Metal Copyright In the meantime, prices in the overseas market also went up in February influenced by the speculations of investors and tight supply.Asian Metal Copyright In the meantime, prices in the overseas market also went up in February influenced by the speculations of investors and tight supply.Asian Metal Copyright