Indium Market Report July 2013
2013-08-14 09:00:18 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
Please contact us for a subscription.
Please contact us for a subscription.
Chinese indium ingot prices decreased from RMB4,350-4,450/kg (USD710-727/kg) VAT included to RMB4,250-4,350/kg (USD694-710/kg) VAT included in the early days of July since investors’ buying activities slowed down, influenced by factors of cash withdrawing and so on
. In the second half of the month, the market remained quiet and buyers held wait-and-see attitudes toward the market . At the end of month, some producers revealed that they were in no hurry to sell the material any more . On the one hand, they sold some of their stocks to electronic exchanges and had no many materials to be delivered to the spot market, on the other hand, they expected higher prices . As for the European market, prices of indium ingot 99 . 99%min went up as well due to investors’ speculation behaviors . But demand from downstream industry had no increasing signs .