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Indium Price temporarily stable Trading General-SMM Indium spot Weekly (2019.10.08.2019.10.11)
Oct 12,2019 09:17CST
The content below was translated by Tencent automatically for reference.

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.

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