Indium Market Report March 2013

The Chinese indium ingot market went up further in the early and middle of March.Asian Metal CopyrightThe Chinese indium ingot market went up further in the early and middle of March.Asian Metal Copyright The combination of tight supply of raw materials and purchasers’ active procurements stimulated prices to increase.Asian Metal Copyright Many participants began to pay attention to the buying activities of April in later days of the month.Asian Metal Copyright Prices of indium ingot 99.99%min increased from RMB3,520-3,620/kg (USD567-583/kg) VAT included in the first week of the month to RMB3,660-3,760/kg (USD589-605/kg) VAT included in late March. The increasing range was RMB140/kg (USD23/kg) VAT included.Asian Metal Copyright Besides, suppliers in overseas market held optimistic attitudes toward the market in March and thought markets would went up, however, prices didn’t rebound as expected.Asian Metal Copyright Suppliers reflected that demand from downstream industry showed no substantial change, while inactive purchases from investors and traders provided impetus to the market.Asian Metal Copyright In the later ten days of the month, market remained flat relatively due to the sufficient stocks of buyers.Asian Metal Copyright In the later ten days of the month, market remained flat relatively due to the sufficient stocks of buyers.Asian Metal Copyright99%min increased from RMB3,520-3,620kg USD567-583kg VAT included in the first week of the month to RMB3,660-3,760kg USD589-605kg VAT included in late March.Asian Metal Copyright Market participants stated that prices were weakly stable at the end of the month because of the reduced deals.Asian Metal Copyright Many participants began to pay attention to the buying activities of April in later days of the month.Asian Metal Copyright It is predicted the market will see prices dip slightly in the near future if deals continue to be few.Asian Metal CopyrightThe Chinese indium ingot market went up further in the early and middle of March.Asian Metal Copyright Besides, suppliers in overseas market held optimistic attitudes toward the market in March and thought markets would went up, however, prices didn’t rebound as expected.Asian Metal Copyright99%min increased from RMB3,520-3,620kg USD567-583kg VAT included in the first week of the month to RMB3,660-3,760kg USD589-605kg VAT included in late March.Asian Metal Copyright Many participants began to pay attention to the buying activities of April in later days of the month.Asian Metal Copyright99%min increased from RMB3,520-3,620kg USD567-583kg VAT included in the first week of the month to RMB3,660-3,760kg USD589-605kg VAT included in late March.Asian Metal Copyright