Monthly Indium Market Report Jun 2019
2019-07-04 17:54:58 【Print】
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1. Market Highlights
Although there were many rumors about the auctions of Fanya's stocks of indium ingot 99.99%min in May, the company failed to auction the material . Thus, mainstream prices for the material rebounded in early June, and tended to be stable in mid-to-late June . The spot market saw active enquiries and transactions in the first half of the month, and most of the purchasers were of traders and speculators . Consumers still purchased on rigid demand . As the offers of Chinese suppliers were higher than those of overseas ones, overseas purchasers preferred to wait on the sidelines and were inactive in purchasing . Market participants predicted that mainstream prices for Chinese indium ingot 99 . 99%min would be stable in July supported by the firm production costs.
Although there were many rumors about the auctions of Fanya's stocks of indium ingot 99.99%min in May, the company failed to auction the material . Thus, mainstream prices for the material rebounded in early June, and tended to be stable in mid-to-late June . The spot market saw active enquiries and transactions in the first half of the month, and most of the purchasers were of traders and speculators . Consumers still purchased on rigid demand . As the offers of Chinese suppliers were higher than those of overseas ones, overseas purchasers preferred to wait on the sidelines and were inactive in purchasing . Market participants predicted that mainstream prices for Chinese indium ingot 99 . 99%min would be stable in July supported by the firm production costs.