Domestic indium market transaction lackluster demand flat price stability-SMM indium spot weekly report (2019.06.24 to 2019.06.28)

SMM, June 28 / PRNewswire-Asianet /-

This week, the domestic indium market performance is mediocre, demand continues to be flat, buying interest is poor, market trading is not active; the price as a whole has no trend change, some high prices have loosened.

Today, the transaction price of SMM refined indium is 1100 to 1140 yuan / kg, while that of SMM crude indium is 1020 to 1060 yuan / kg, which is the same as last week.

With the gradual approach of the summer break traditional off-season, with the arrival of the end of the month, the domestic indium city continues to be light. Although manufacturers and traders maintain a stable state of mind, but the high quotation has been reduced, mostly concentrated in the 1140-1150 yuan / kg around the offer; however, the willingness to buy downstream is reduced, the inquiry is reduced and there is a certain difference between the inquiry and the offer, and the final transaction is still in the SMM price range.

"View the historical price of SMM exclusive indium

This week, the domestic speculative market is lack of vitality, prices are difficult to sustain, down from last week. The rising factors in the market have basically disappeared, but the price of crude indium has remained strong. This week, market sentiment is still calm, rational, cautious wait and see has become the common attitude of both buyers and sellers.

On the export side, foreign media quotations remained unchanged this week, at US $155 to US $175 / kg. If nothing happens, the overseas terminal consumer market will remain calm for some time to come, and demand will hardly improve. In July, it is expected that the domestic indium market is still light next week, whether the end-user procurement replenishment will have an impact on the market trend.