Indium Market Report July 2017

Chinese indium ingot 99.99%min prices started to move down continuously since early July and declined to RMB1,120-1,170/kg (USD167-174/kg) till late the month, hitting a record low so far in July.Asian Metal CopyrightChinese indium ingot 99.Asian Metal Copyright The Chinese indium ingot market continued the weakening tendency of June and was even quieter during the four trading weeks in July; smelting enterprises intended to make centralized sales under the capital and stock pressure in the middle of this year, and received aggressive discounts in quotations; however, the market witnessed still limited transactions mainly from traders who wanted to purchase at the lowest price, but demand from consumers was still relatively weak; market insiders continued to watch the market outlook from sidelines and indium prices are likely to break a new low in August.
.Asian Metal Copyright99%min prices started to move down continuously since early July and declined to RMB1,120-1,170kg USD167-174kg till late the month, hitting a record low so far in JulyAsian Metal Copyright