Indium Market Report January 2016
2016-02-29 18:58:45 【Print】
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The Chinese indium ingot 99
. 99%min market continued to see a downward trend in January . Crude indium producers halted production successively with the Chinese New Year approaching, which led to the tight supply, and suppliers indicated that despite sporadic inquiries, most market participants raised quotations as the market saw a supply shortage at the low price . End users made purchases from hand to mouth and stocked some materials before the holiday, but they were unwilling to accept the price rise before the holiday; as a result, the spot market saw limited transactions . With few big deals of more than 1t, most consumers purchased from hand to mouth with the volume of 50-200kg . Meanwhile, overseas market prices fluctuated slightly following the increase in price for the domestic indium ingot while the continuing downturn in demand from downstream consumers will be unlikely to improve in the near term.