Monthly Indium Market Report May 2020
2020-06-08 14:01:34 【Print】
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1. Market Highlights
During May, as most Chinese crude indium ingot 99%min producers insisted on their offers, holding back from selling due to the low prices level this year, Chinese indium ingot 99.99%min producers also had to keep their offers stable due to firm prices of the raw material, but the market saw limited transactions as most downstream consumers' demand remained weak and traders watched the market due to no profit room.
The export market ran very slowly in May as overseas buyers only purchased by decreasing orders due to the COVID-19.
Both European and American indium ingot 99.99%min market witnessed inactive deals in May as most consumers still kept away from the spot market in view of the COVID-19.
During May, as most Chinese crude indium ingot 99%min producers insisted on their offers, holding back from selling due to the low prices level this year, Chinese indium ingot 99.99%min producers also had to keep their offers stable due to firm prices of the raw material, but the market saw limited transactions as most downstream consumers' demand remained weak and traders watched the market due to no profit room.
The export market ran very slowly in May as overseas buyers only purchased by decreasing orders due to the COVID-19.
Both European and American indium ingot 99.99%min market witnessed inactive deals in May as most consumers still kept away from the spot market in view of the COVID-19.
