Indium Price temporarily stable Trading General-SMM Indium spot Weekly (2019.10.08.2019.10.11)

Published: Oct 12, 2019 09:17

SMM, 11 Oct:

The market entered the first week after National Day holiday, the indium market is still calm, the supply and demand sides do not have any big action, the market trading performance is dull. There are rumors in the market that some southern suppliers after the festival to withdraw funds, shipment intention may have a certain increase, so it is expected that the recent refined indium quotation is unlikely to improve. From the actual situation of demand, because the support of demand has not been formed on a large scale, the actual trading volume of the market is also temporarily difficult to support price increases. However, the transaction price center of gravity is still high, low prices near the few resources, the main transaction price is still more than 1070 yuan / kg. By the end of this week, the price of SMM refined indium is 1050-1100 yuan / kg, the average price is unchanged from the week before the festival. Due to the public auction of gallium, germanium, tellurium and selenium in Pan Asia at the end of this week, whether indium will be auctioned in the near future has also become a topic of concern in the market. It is expected that in the near future, both sides of the indium market will continue to wait and see, and prices will continue to stalemate.

"View the exclusive historical price of indium at SMM

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
A Yunnan Miner’s Planned Tender Sale of Tungsten Concentrate Is Postponed
3 hours ago
A Yunnan Miner’s Planned Tender Sale of Tungsten Concentrate Is Postponed
Read More
A Yunnan Miner’s Planned Tender Sale of Tungsten Concentrate Is Postponed
A Yunnan Miner’s Planned Tender Sale of Tungsten Concentrate Is Postponed
[Tungsten Ore Tender Update] SMM News on March 25: Due to specific factors, a tungsten concentrate tender sale originally scheduled for today by a miner in Yunnan will be postponed, and the specific bidding time has not yet been determined.
3 hours ago
LB Group Announces Third TiO₂ Price Hike: Domestic Up RMB 1,000/ton, International Up USD 150/ton
3 hours ago
LB Group Announces Third TiO₂ Price Hike: Domestic Up RMB 1,000/ton, International Up USD 150/ton
Read More
LB Group Announces Third TiO₂ Price Hike: Domestic Up RMB 1,000/ton, International Up USD 150/ton
LB Group Announces Third TiO₂ Price Hike: Domestic Up RMB 1,000/ton, International Up USD 150/ton
[SMM Titanium Express] LB Group issued its third TiO₂ price increase notice this month. Effective March 24, domestic prices will rise by RMB 1,000/ton and international prices by USD 150/ton. Cost pressures persist with strong market bullish sentiment.
3 hours ago
East China Special Steel's Ferromolybdenum Tender Price Fell, Procuring 120 mt
20 hours ago
East China Special Steel's Ferromolybdenum Tender Price Fell, Procuring 120 mt
Read More
East China Special Steel's Ferromolybdenum Tender Price Fell, Procuring 120 mt
East China Special Steel's Ferromolybdenum Tender Price Fell, Procuring 120 mt
[Molybdenum-Iron Tender Information] SMM, March 24: It is reported that on March 23, a special steel group in east China announced the tender price for a new round of ferromolybdenum procurement, with the tax-inclusive plant-delivered acceptance-settled price at 277,500 yuan/mt, down 2,000 yuan/mt from the tender price on March 18. The public tender purchase volume was 120 mt (bid volume), while the actual total purchase volume remained to be determined.
20 hours ago
Indium Price temporarily stable Trading General-SMM Indium spot Weekly (2019.10.08.2019.10.11) - Shanghai Metals Market (SMM)