SMM, 25 Oct:
The trading atmosphere of indium market has not changed much this week, the willingness of suppliers to ship is still strong, efforts to increase trading volume, and market trading activity has not changed much, demand still maintains a wait-and-see attitude of on-demand procurement. Although some suppliers still maintain the refined indium quotation at more than 1100 yuan / kg, but the actual transaction is not ideal, high-price indium ingot demand support is still insufficient. The transaction price of refined indium market still maintains a stable and adhesive trend, and the center of gravity of the transaction price changes little. By the end of this week, the price of SMM refined indium is 1050-1100 yuan / kg, the average price is unchanged from last week.
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At present, due to poor demand, even efforts by suppliers to offer prices are not enough to change the short-term difficulties in the indium market. Although the price of crude indium is still strong and plays a stabilizing role, what can effectively increase the price of refined indium still needs to be paid for by actual demand. On the other hand, as the recent public auction of gallium germanium selenium tellurium in Pan Asia has become a hot spot, the news and speculation of various versions of indium auction are also circulating in the market, which has a certain impact on the mentality of both supply and demand. at present, the two sides are waiting for the news to ferment in the stalemate. It is expected that in the short term, the indium market will continue to brew in a wait-and-see direction, and it is difficult to change in the short term.