Indium Market Report December 2012
2013-01-16 14:53:45 【Print】
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The indium metal market in China still kept sluggish in December
. Consumers held wait-and-see attitudes toward the market and were in no hurry to make purchase . Inquiries in the spot market remained rare and few deals were concluded in the spot market . Prices of indium metal 99.99%min hovered at RMB3,350-3,450/kg (USD537-553/kg) VAT included in December, showing no fluctuations. However, Chinese export prices decreased from USD520-550/kg to USD 500-530/kg in late December . In fact, despite many suppliers have export quotas, most of them deal few export businesses as prices between domestic market and overseas markets have a large gap . Since market participants cannot see any stimulation that can push the market up, they show pessimistic attitudes toward the future market and think that the market will see few changes in the remainder days before Spring Festival .