[SMM Indium spot Weekly Review] Indium market price remains stable (2020.5.25 Mel 2020.5.29)

Published: May 29, 2020 14:20

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SMM May 29th: at the end of May this week, indium market prices remain stable, but the market supplier shipments have increased compared with the previous period. As the mid-year mark will be entered next month, the funds of all parties will gradually enter a state of tension and caution. traditionally, more supply-side resources will enter the market next month, when market prices will face a more obvious impact. On the other hand, the terminal still adheres to the principle of on-demand procurement and price comparison procurement, the activity of market inquiry is still stable, and the performance of valid orders and transactions is also stable. From the point of view of foreign consumption, the overall change is still little compared with the previous period, and there is no obvious growth performance. By the end of this week, the price of SMM refined indium is 920-950 yuan / kg, the average price remains the same as last week.

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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.

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