Indium tightens on renewed speculative interest

Indium prices rose on Friday as speculative buying regained momentum in China and sources reported stronger sales into consumer markets.

Free-market indium rose to $700-790 per kg, up from $690-790 per kg previously, as market participants said the cheaper offers seen in recent weeks are disappearing. “I had an offer at $690 earlier in the week and I booked it, but the supplier reneged on me because the domestic price in China had jumped up,” a buyer in Europe...


Mark Burton

July 25, 2011

12:08 GMT