Indium Market Report September 2012
2012-10-30 16:52:51 【Print】
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Chinese indium market fluctuated slightly in September and rumors about the second phase of storage from SRB drove some buyers to procure materials and quotations for indium 99.99%min increased from RMB3,450-3,550/kg (USD552-568/kg) VAT included in early September to RMB3,580-3,680/kg (USD573-589/kg) VAT included. However, the unproved rumors resulted in slight deprecation for indium in late September and prices reduced to RMB3,550-3,650/kg (USD568-584/kg) VAT included at the end of this month
. As demand from downstream sectors does not rebound, Chinese indium market will remain dim in October with slightly reduced quotations .