Indium Market Report April 2012
2012-06-25 09:01:57 【Print】
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The Chinese indium market continued to be weak in April as a result of the low demand from downstream industries. The indium prices moved down slowly. As the demand from the ITO industry still does not show any sign of recovery, there were few deals been concluded in the spot market. The producers were unwilling to lower their offers sharply due to the high production cost. The prices of indium metal 99.99%min moved down from RMB3,500-3,600/kg (USD555-571/kg) VAT included early this month to RMB3,430-3,530/kg (USD544-560/kg) VAT included late this month. The unstable global economy leads to the slow activities of downstream industries. The demand is still quite low, therefore, the indium market will remain inactive in May.
