Indium Market Report May 2012
2012-06-26 08:58:37 【Print】
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Chinese indium market continued to be weak in May due to the low demand from downstream industries
. As some investors started to make purchase, the prices of indium metal 99.99%min stabilized at RMB3,430-3,530/kg (USD544-560) VAT included in the first half of May and then declined to RMB3,400-3,500/kg (USD540-556/kg) VAT included . The demand of the investors were not sufficient for the market to firm up; therefore, the prices of indium metal 99.99%min continued to move down slightly to RMB3,320-3,420/kg (USD527-543/kg) VAT included by the end of this month . As the demand from the ITO industry still does not show any sign of recovery, the indium market is unlikely to recover in June .