Indium Market Report November 2012

Chinese indium metal market was lackluster in November. The price of indium metal stayed at RMB3,400-3,500/kg (USD546-562/kg) VAT included in early and middle of November and then declined slightly to RMB3,350-3,450/kg (USD538-554/kg) VAT included in late November with a down range of RMB50/kg (USD8/kg) VAT included. On the one hand, since rates of indium metal 99%min keep at RMB2,800/kg (USD449/kg) VAT excluded firmly, producers have a consensus that they will not offer lower quotations in the near future.Asian Metal Copyright The price of indium metal stayed at RMB3,400-3,500kg USD546-562kg VAT included in early and middle of November and then declined slightly to RMB3,350-3,450kg USD538-554kg VAT included in late November with a down range of RMB50kg USD8kg VAT included.Asian Metal Copyright In fact, they hold their stock and are unwilling to sell at the current prices.Asian Metal Copyright On the one hand, since rates of indium metal 99%min keep at RMB2,800kg USD449kg VAT excluded firmly, producers have a consensus that they will not offer lower quotations in the near future.Asian Metal Copyright On the other hand, end-users are inclined to watch the market further instead of making purchase actively.Asian Metal Copyright In fact, they hold their stock and are unwilling to sell at the current prices.Asian Metal Copyright The market maintained sluggish in November and it is estimated that the market will not fluctuate largely in the coming month.Asian Metal Copyright On the other hand, end-users are inclined to watch the market further instead of making purchase actively.Asian Metal Copyright