America indium ingot import market runs slowly
2023-03-10 11:02:02 [Print]
BEIJING (Asian Metal) 10 Mar 23 - American indium ingot 99.995%min import market ran slowly over the past two weeks as downstream consumers generally did not start to buy since early March. Currently, the mainstream import prices of American indium ingot 99.995%min hover at USD200-205/kg CIF US, unchanged from the end of last week. Market participants believe that American indium ingot 99.995%min import mainstream prices would stay unchanged next week considering that both exporters and importers watch the market now.
An American importer noted that they held back from importing indium ingot 99.995%min over the past month as they mainly did long-term contract without any more demand to bid from the spot market now. They last imported around 2t at USD200/kg CIF US late January and usually purchased around 1-2t a month in 2022. The source said, "As our consumers' demand stays stable and nothing changed in our exporters, we forecast that the prevailing import prices of American indium ingot 99.995%min would stay firm in the following week."
The importer, based on a a regular monthly trading volume of 10t of indium ingot 99.995%min, expects to sell around 8t this month, a decrease of around 2t from last month. They hold around 10t of stocks now, unchanged from late last month. They sold around 120t in 2022 and about 18t so far in 2023.
Another importer in America disclosed that they also watched the import market of indium ingot 99.995%min in the past month as their have no more demand to build stocks. They last imported 1t at USD200/kg CIF US early February from a regular exporter, who offers USD210/kg CIF US for indium ingot 99.995%min now and could accept a counteroffer of USD5/kg for firm bids. "We believe that the mainstream import prices of American indium ingot 99.995%min would stay stable in the upcoming week in view of stable prices from suppliers," the source said.
The importer, with a regular monthly trading volume of 2t of indium ingot 99.995%min, expects to sell around 2t in March, unchanged from last month. They hold about 2t of inventory presently, in line with the same period last month. They sold around 25t in 2022.
An American importer noted that they held back from importing indium ingot 99.995%min over the past month as they mainly did long-term contract without any more demand to bid from the spot market now. They last imported around 2t at USD200/kg CIF US late January and usually purchased around 1-2t a month in 2022. The source said, "As our consumers' demand stays stable and nothing changed in our exporters, we forecast that the prevailing import prices of American indium ingot 99.995%min would stay firm in the following week."
The importer, based on a a regular monthly trading volume of 10t of indium ingot 99.995%min, expects to sell around 8t this month, a decrease of around 2t from last month. They hold around 10t of stocks now, unchanged from late last month. They sold around 120t in 2022 and about 18t so far in 2023.
Another importer in America disclosed that they also watched the import market of indium ingot 99.995%min in the past month as their have no more demand to build stocks. They last imported 1t at USD200/kg CIF US early February from a regular exporter, who offers USD210/kg CIF US for indium ingot 99.995%min now and could accept a counteroffer of USD5/kg for firm bids. "We believe that the mainstream import prices of American indium ingot 99.995%min would stay stable in the upcoming week in view of stable prices from suppliers," the source said.
The importer, with a regular monthly trading volume of 2t of indium ingot 99.995%min, expects to sell around 2t in March, unchanged from last month. They hold about 2t of inventory presently, in line with the same period last month. They sold around 25t in 2022.
