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All eyes on Chinese indium market as prices stall

May 25, 2011 - 15:30 GMT Location: London

KEYWORDS: Indium , Europe , US , China , Japan , rally , investment , Fanya , ITO

Indium prices were stable on Wednesday as the market continued to cool following the sharp rally seen this year

MB Rotterdam indium stood at $800-$870 per kg on Wednesday, unchanged since May 18, with most business conducted at around $850 per kg. Indium has risen by as much as $275 per kg, or 52.4%, in the year to date, supported by strong investor interest in China and stable demand in Japan. There is reluctance among European and US consumers to pay higher prices for material, although there is a strong a premium for ITO-grade material in Japan, sources said. “I’m not interested in indium above $800,...

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