Indium market price stability trading remains flat-SMM indium spot weekly report (2020.4.27-2020.4.30)

Published: Apr 30, 2020 13:55

Save

"View more information about the small metals industry

SMM April 30: this week indium market price is stable, transaction situation, market activity is still flat, domestic and foreign consumption situation is still less than the previous change, buyer demand is weak. Sellers still focus their quotations on the lows of the price range. By the end of this week, the price of SMM refined indium is 920-950 yuan / kg, the average price is unchanged from last week. This week, the market has also seen the price of less than 920 yuan / kg transaction situation.

"View the exclusive historical price of indium at SMM

The crude indium market still follows the performance of the refined indium market, and the trading performance is also light. Recently, the people's Government of Yunnan Province issued a circular on "several measures to support the development of the real economy", the first of which is to support key enterprises to carry out commercial collection and storage of non-ferrous metal products. In accordance with the principle of "enterprise collection and storage, bank loans, financial subsidies, market operation, self-financing", the province's copper, aluminum, lead, zinc, tin, germanium, indium and other key non-ferrous metal products commercial collection and storage, the total amount of collection and storage is about 800000 tons, the collection and storage time is one year. The funds required for collection and storage shall be loaned to the bank by the enterprise in the form of product pledge. The provincial finance allocates 1 billion yuan in special funds to partially discount interest on bank loans to enterprises. Among them, 80% discount subsidies are given to enterprises that store tin, germanium and indium. As soon as this news came out, it has become the focus of attention in the market. Due to the sensitivity of indium resources in Pan-Asia auction, the market has made a lot of guesses about some of the correlations. But in any case, it is more or less a small advantage for the market, so many sellers are actively offering prices this week. However, near the end of the month, the seller's wait-and-see mood is still heavy, and it is expected that the probability of stable indium market prices after the festival is still high.

Indium spot weekly report

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 for 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

11 hours ago

[SMM Chromium Flash] Samancor's Collapsed Dikwena Chrome Tailings Dam Was Never Registered, Probe Finds

A government investigation into the August 13 collapse of a tailings storage facility at Samancor's Dikwena Chrome complex near Brits, North West, has found the facility was showing persistent seepages prior to the failure and that the collapse was reasonably foreseeable based on available evidence, according to a Notice of Orders issued by the Department of Mineral and Petroleum Resources and reported by Daily Maverick. The department's findings also indicate the facility appears not to have been registered with the Department of Water and Sanitation, raising questions about compliance oversight at the site before the incident occurred. The facility, known as the Inyoni tailings storage facility, forms part of Samancor's Dikwena chrome plant complex and is operated by contractor One Chrome, a company reported to have no public website. The collapse sent slurry into the neighboring Eland mine, owned by Northam Platinum, which briefly closed an access road as a precaution. Updated reporting indicates one injury was recorded alongside no fatalities. Samancor Chrome itself is unlisted and is no longer a member of the Minerals Council South Africa, a body whose members commit to industry safety and governance standards. The findings add a regulatory compliance dimension to a case that had previously centered on the physical and environmental impact of the failure. South Africa's tailings storage facility guidelines date back to 1998 and are currently under revision, and at least one senior mining executive has said they were unaware of any operation that actually follows them, pointing to a broader industry gap in registration and compliance practices beyond this single incident. The scope of enforcement action beyond the Notice of Orders, along with the full extent of environmental damage and rehabilitation costs, has not yet been disclosed.

11 hours ago

[SMM Chromium Flash] Zimbabwe Pitches Chrome Smelting Investment Opportunities to Australian Miners in Perth

Zimbabwe's Deputy Minister of Mines and Mining Development, Dr. Eng. C. Makwiranzou, presented chrome among a slate of commodity-specific investment opportunities at the Zimbabwe Mining Investment Seminar, held during the Africa Down Under 2026 conference in Perth. Rather than a general appeal for capital, Makwiranzou detailed opportunities across lithium, platinum group metals, chrome, gold, iron and steel, and coal, positioning the pitch as a targeted approach to Australian mining investors specifically. On chrome, Makwiranzou pointed to Zimbabwe's regional beneficiation hubs policy, under which chrome-producing areas are earmarked to specialise in ferrochrome and chromium alloy production, describing the framework as "industrial policy with a map attached." He identified patient capital, funding with a long-term investment horizon suited to the extended payback periods typical of smelting and refining infrastructure, as the critical ingredient Zimbabwe needs from prospective investors to realise its beneficiation ambitions. The chrome pitch was delivered alongside a broader downstream-processing narrative: Makwiranzou also flagged a gap in downstream processing within Zimbabwe's platinum group metals sector, where existing operations including Zimplats, Mimosa, Unki and Karo have created scope for further exploration along the Great Dyke's under-explored margins. Taken together, the presentation signals Zimbabwe is actively marketing its beneficiation policy abroad rather than relying solely on domestic and Chinese investment to build out chrome smelting capacity, a shift worth tracking for what it might mean for the pool of investors ultimately financing the country's ferrochrome ambitions.

11 hours ago

12 hours ago

[SMM Analysis] South Africa's Ferrochrome Exports Slide in July as China Pulls Back and Japan Steps In

12 hours ago