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Chinese indium producers report power curbs

June 02, 2011 - 07:47 GMT Location: Shanghai

KEYWORDS: China , indium

Chinese indium producers have started cutting output as spreading power shortages necessitate rolling blackouts, though many are not unhappy at the opportunity to shore up prices, which have eased from record highs

“We are only running at two-thirds of our capacity,” a major producer in Hunan province said, adding that the company has been forced to halt production for two days each week due to the power supply shortage. Other refined indium producers are also running at only about 70% of capacity, according to market sources. But the producer insisted that the main...

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