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Chinese indium prices soften as investors lock in profits

June 13, 2011 - 05:24 GMT Location: Shanghai

KEYWORDS: China , indium

China's indium prices have softened as local investors move to lock in profits after the recent rally, with some pushing material on to the export market, which is also showing signs of peaking

In the Chinese domestic market, refined indium was trading at 5,100-5,200 yuan ($787-802) per kg last week, compared with about 6,000 yuan in early May. "Many [ordinary investors] were dumping refined indium. The market is a bit panicky after prices fell in the past several weeks," said a producer in central China. Some local lead and zinc...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

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