Indium Market Report July 2015
2015-08-14 18:41:47 【Print】
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Taking the rhythm of slump as the theme, the mainstream price of Chinese indium ingot 99.99%min had dropped by RMB200/kg in nearly one month and was hard to hold stable in July. In mid-July, after the cash crisis of Fanya Exchange was widely reported, market participants became anxious. Thereupon, the price of indium ingot 99.99%min kept falling all the way. To avoid economic losses, users purchased the material more cautiously than ever and mainly stood by the sideline, leading a stalemate in market transactions for a time, and producers reduced or stopped production one after another as deals were harder to conclude than ever.
