Indium prices could rise as high as $700 per kg this year on continued strong demand from the liquid crystal display (LCD) and solar industries, according to John Licata, chief investment strategist of metals consultancy Blue Phoenix Inc. Indium is trading at $530-585 per kg but could rise as high as $700 per kg as demand from the electronics sector improves, Licata said. “We’ve seen a lofty move for the last couple of weeks and I can see the [recent] trend [higher] start to pick up, so I don’t think $700 per kg is too far out for this year,” he said. Licata has been working in commodities trading, research and strategy for more than a decade, specialising mostly in gold and oil, but indium is new to him, he said. “Indium has really caught my eye […] but this is something in its infantile stage and I am just...