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Indium creeps lower still, flat-panel demand may provide floor

July 07, 2011 - 09:55 GMT Location: London

KEYWORDS: indium , US , China , Europe , solar , flat-panel , demand , speculation

Indium slumped further on Wednesday on weaker activity in the USA and Europe, but consumer interest in the Southeast Asia may soon provide a floor for the electronic metal, market sources said.

MB free-market indium fell to $690-$790 per kg, from $695-$805 per kg previously, with most business conducted around $740 per kg. The US market is continuing to weaken, with sources there reporting losing out on sales at around $770 due to lower offers. “There’s still some selling pressure in China. I think if we went in with...

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