Market mulls indium outlook as rally slows

Indium rose on Wednesday but resistance to higher prices is creeping into the consumer market, sources told MB

Rotterdam-basis indium rose to $800-$870 per kg on Wednesday, from $795-$860 per kg previously, but the volume of reported business into the consumer market was thinner than in previous weeks. Indium has risen rapidly since mid-February, when prices stood at $535-605 per kg, as strong domestic demand in China has caused international consumers to bid higher. But the speculative nature of the price rally in...

Published

Mark Burton

May 18, 2011

14:50 GMT

London