North American indium metal consumers return to spot market after holidays
2016-01-13 08:41:54 [Print]
NEW YORK (Asian Metal) 13 Jan 16- North American indium ingot 99.99%min prices have increased from USD210-230/kg d
A North America consumer bought 660kg of indium ingot 99.99%min for 240/kg d . d . p . The source explained that they usually buy 1tpm . He revealed that they did not reach that number last month, but expect to in January.
“We’ve begun to participate more in the spot market now that we have entered the new year. I’m expecting us to return to our normal levels of consumption this year,” the source said.
Another North American consumer recently bought 25kg of indium ingot 99.99%min for USD240/kg d . d . p . last week . The source revealed that they typically buy 50kgpm . They are expecting the buy at least 25kg more material this month.
“I’m expecting to at least purchase 50kg this month, as we did last month. Other consumers are starting to buy more too . We’ve seen a lot of people return to this market now that everyone is back to work from the holidays,” the source added.
. d . p. to USD220-240/kg d . d . p . over the past 2 weeks . This is caused by consumers reentering the spot market now that the new year has arrived . Sources say this increase in demand stems from the fact that consumers are beginning to return to typical levels of consumption. Prices are expected to hold between USD220-240/kg d . d . p . for the next week.A North America consumer bought 660kg of indium ingot 99.99%min for 240/kg d . d . p . The source explained that they usually buy 1tpm . He revealed that they did not reach that number last month, but expect to in January.
“We’ve begun to participate more in the spot market now that we have entered the new year. I’m expecting us to return to our normal levels of consumption this year,” the source said.
Another North American consumer recently bought 25kg of indium ingot 99.99%min for USD240/kg d . d . p . last week . The source revealed that they typically buy 50kgpm . They are expecting the buy at least 25kg more material this month.
“I’m expecting to at least purchase 50kg this month, as we did last month. Other consumers are starting to buy more too . We’ve seen a lot of people return to this market now that everyone is back to work from the holidays,” the source added.