Indium Market Report May 2011

In the first half of May, the indium price showed a strong upward trend in China with booming demands from users and investors, and the supply of crude indium tightened.Asian Metal Copyright Since then, the indium price started to go down and sources intended to sell the material at lower price as they speculated an increasing downward risk of indium price in the forthcoming market due to its very high price in the middle of May, but market activity was still remained in a dim.Asian Metal Copyright Due to tight supplies of both indium concentrate and crude indium, some suppliers kept watching the market as they raised their offers but held out on selling. In the middle of May, the indium price surged to the high level at RMB5,900/kg (USD913/kg) while participants kept watching the market and reducing their purchase.Asian Metal Copyright Due to tight supplies of both indium concentrate and crude indium, some suppliers kept watching the market as they raised their offers but held out on selling.Asian Metal Copyright Since then, the indium price started to go down and sources intended to sell the material at lower price as they speculated an increasing downward risk of indium price in the forthcoming market due to its very high price in the middle of May, but market activity was still remained in a dim.Asian Metal Copyright In the middle of May, the indium price surged to the high level at RMB5,900kg USD913kg while participants kept watching the market and reducing their purchase.Asian Metal Copyright