Domestic indium market weakness still poor consumption may decline-SMM indium spot weekly report (2019.07.01 to 2019.07.05)

Published: Jul 5, 2019 17:52

SMM, July 5 / PRNewswire-Asianet /-

This week, the domestic indium market is still light, demand continues to be weak, trading is less; the price has not changed significantly, but the high price quotation is no longer strong.

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.

Due to the poor market, the production enthusiasm of crude indium manufacturers is not high, the supply is limited, the price of crude indium is relatively strong.

However, the market of refined indium at home and abroad is bleak. Foreign media quotations remained unchanged this week, at US $155 to US $175 / kg. Domestic manufacturers changed the firm quotation situation in June, take the initiative to lower prices to promote transactions; however, terminal consumption is unusually calm, in addition to rigid demand procurement, there is no more replenishment behavior. Overall, the market lacks confidence in future trends, and actual transactions are still within the SMM price range.

At the same time, the domestic speculative market has become increasingly weak this week, prices have adjusted downward several times, and trading volume has been minimal.

"View the historical price of SMM exclusive indium

In the first week of July, indium got off to a light start. SMM expects the domestic market to stabilize and weaken next week.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Silicon Metal Market Review for January and Outlook for February
18 hours ago
Silicon Metal Market Review for January and Outlook for February
Read More
Silicon Metal Market Review for January and Outlook for February
Silicon Metal Market Review for January and Outlook for February
In January, the silicon metal market experienced a relatively loose supply-demand balance, with a theoretical inventory buildup of approximately 30,000 mt. In February, both supply and demand contracted simultaneously, and the market is expected to show a tight balance or minor destocking. The current high industry inventory still requires time to be digested, and the sustainability of destocking remains a key variable affecting price trends and market sentiment.
18 hours ago
A plant in northern China is calling for bids for indium ingots and bismuth ingots
22 hours ago
A plant in northern China is calling for bids for indium ingots and bismuth ingots
Read More
A plant in northern China is calling for bids for indium ingots and bismuth ingots
A plant in northern China is calling for bids for indium ingots and bismuth ingots
SMM, February 6 - According to SMM’s investigation of market information, a large smelter in northern China began public bidding for a certain quantity of indium ingots and bismuth ingots starting yesterday. Market sources indicate that the starting price for these indium ingots exceeds 4,000 yuan per kilogram, while the starting price for bismuth ingots is above 150,000 yuan per ton. The bidding results are expected to be announced before the Spring Festival. Market participants note that, given the clear trend of sluggish trading activity ahead of the Spring Festival, the timing of this bidding is not ideal. However, the relatively favorable starting prices have generated considerable market anticipation for the outcome of the bidding.
22 hours ago
[SMM Analysis] Futures Lack Momentum to Rise Further, Pre-Holiday Demand Stalls, and Stainless Steel Social Inventory Accumulation Intensifies
Feb 5, 2026 19:18
[SMM Analysis] Futures Lack Momentum to Rise Further, Pre-Holiday Demand Stalls, and Stainless Steel Social Inventory Accumulation Intensifies
Read More
[SMM Analysis] Futures Lack Momentum to Rise Further, Pre-Holiday Demand Stalls, and Stainless Steel Social Inventory Accumulation Intensifies
[SMM Analysis] Futures Lack Momentum to Rise Further, Pre-Holiday Demand Stalls, and Stainless Steel Social Inventory Accumulation Intensifies
Feb 5, 2026 19:18
Domestic indium market weakness still poor consumption may decline-SMM indium spot weekly report (2019.07.01 to 2019.07.05) - Shanghai Metals Market (SMM)