Indium Market Report December 2015
2016-01-13 09:29:49 【Print】
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December was a slack time for the Chinese indium ingot 99
. 99%min market, as end users were reluctant to hold a large volume of stocks with the New Year approaching . Therefore, trading in the spot market remained subdued . The price hovered at low levels before closing the month higher than it had been in late November . Suppliers tried to support the price by holding back from selling, but it was unable to pick up in a big way due to poor demand, despite being bolstered by the national reserve policy . The 100t of the national reserve tooksales to about 550t in late November, so it was little more than a drop in the ocean for producers.