Indium Market Report March 2012
2012-04-27 16:48:17 【Print】
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The Chinese indium market continued to be weak in March. The Japanese fiscal year just ended and many downstream consumers still delayed their plan to make purchase. The Japanese import volume in February decreased by 75% compared to the same time last year. The Chinese indium market took a downward trend in March with the prices sliding down from RMB3,650-3,750/kg (USD579-595/kg) VAT included to RMB3,500-3,600/kg (USD555-571/kg) VAT included. The indium market does not show any sign of firming up due to the excessive inventory of downstream consumers. The indium prices could go down further.
