Indium Market Report July 2012
2012-08-28 09:56:43 【Print】
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Chinese indium market stayed comparatively steady in July
. The prices of indium metal 99.99%min kept at RMB3,500-3,600/kg (USD556-571/kg) VAT included in the first half of July and increased slightly to RMB3,550-3,650/kg (USD563-579/kg) VAT included in the second half of the month . Though the demand from downstream industries did not see any improvement, suppliers were unwilling to lower their offers and chose to watch the market further . Some investors made purchase in the spot market once in a while . As the consumers are still unwilling to hold inventories in large volume and choose to make purchase for immediate use, the market will remain dull in August and the indium price is unlikely to fluctuate much .