Indium Market Report July 2016
2016-09-26 13:52:10 【Print】
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Prices for Chinese indium ingot 99.99%min fluctuated in the range of RMB1,200-1,300/kg in July with the increases coming after a series of decreases
. Despite the continuing sluggish downstream demand and limited enquiries in the international market due to suspensions, the lower end of indium ingot 99.99%min still didn’t drop below RMB1,200/kg, with the falls limited by relatively firm crude indium 99%min prices . End users still made purchases from hand to mouth in July with no intention of holding bulk stocks . Traders largely refused to hold or rebuild stocks before receiving firm orders and maintained back-to-back trading . It is predicted that the indium market will continue to move slowly in August and suppliers will face greater pressure on sales.