Indium Market Report June 2012
2012-07-27 15:13:34 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
Please contact us for a subscription.
Please contact us for a subscription.
Indium demand from downstream industries continued to be lackluster in June and the prices of indium 99.99%min moved down from RMB3,300-3,400/kg (USD524-540/kg) VAT included to RMB3,250-3,350/kg (USD516-532/kg) VAT included in early June
. However, with the indium price increasing in electronic trading in mid-June, some investors began to make purchase in the spot market . The price of indium 99.99%min rose to RMB3,500-3,600/kg (USD556-571/kg) VAT included in the end of June from RMB3,250-3,350/kg (USD516-532/kg) VAT included in mid-June . The market calmed down as the investors slowed down their procurement . Consumers are reluctant to take large position, taking hand-to-mouth purchases, so the indium market is likely to move slowly in July with slight fluctuation .