Monthly Indium Market Report Jun 2018
2018-07-11 18:03:17 【Print】
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1. Market Highlights
Mainstream prices for Chinese indium ingot 99.99%min decreased first and then increased in June, which stabilized at RMB1,700-1,750/kg (USD257-265/kg) in early and mid-June . Buyers mainly waited on the sidelines in the first two weeks and expected prices to decline further in the near future . But speculators tried to raise prices continuously from the middle of the month, and most crude indium 99%min producers cut or suspended production in June limited by environmental inspections, thus prices for the material increased slightly by RMB70kg (USD10.59/kg) to RMB1,770-1,820/kg (USD268-275/kg) in late June . But consumers still had weak demand and didn't make purchases in spite of increasing prices for indium ingot.
Mainstream prices for Chinese indium ingot 99.99%min decreased first and then increased in June, which stabilized at RMB1,700-1,750/kg (USD257-265/kg) in early and mid-June . Buyers mainly waited on the sidelines in the first two weeks and expected prices to decline further in the near future . But speculators tried to raise prices continuously from the middle of the month, and most crude indium 99%min producers cut or suspended production in June limited by environmental inspections, thus prices for the material increased slightly by RMB70kg (USD10.59/kg) to RMB1,770-1,820/kg (USD268-275/kg) in late June . But consumers still had weak demand and didn't make purchases in spite of increasing prices for indium ingot.