Monthly Indium Market Report Dec 2020
2020-01-03 08:52:32 【Print】
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1.Market Highlights
In December, Chinese indium ingot 99.99%min mainstream prices kept going down to the lowest level during 2019 as Fanya's around 3600t indium ingot 99.99%min stocks attracted no bids at the starting bidding price of RMB790/kg (USD114/kg). Some suppliers were in a hurry to sell their stocks at lower prices to get money at the end of 2019. Both suppliers and downstream consumers watched the market. So the market saw poor deals.
The export market run quiet as overseas buyers also held strong wait-and-see attitudes.
Both European and American market witnessed limited deals as most consumers purchased for orders and were far away from the spot market at the end of month due to the holiday.
In December, Chinese indium ingot 99.99%min mainstream prices kept going down to the lowest level during 2019 as Fanya's around 3600t indium ingot 99.99%min stocks attracted no bids at the starting bidding price of RMB790/kg (USD114/kg). Some suppliers were in a hurry to sell their stocks at lower prices to get money at the end of 2019. Both suppliers and downstream consumers watched the market. So the market saw poor deals.
The export market run quiet as overseas buyers also held strong wait-and-see attitudes.
Both European and American market witnessed limited deals as most consumers purchased for orders and were far away from the spot market at the end of month due to the holiday.
