Fanya indium auction fails to attract bids; price pessimism clouds market

The auction of some Fanya Metal Exchange indium stocks on Tuesday January 29 has failed to attract any bidders, market sources told Fastmarkets.

Fanya announced earlier this month its intention to auction a total of 34.64 tonnes of indium stocks it holds in its warehouses. The opening bid was 1,200 yuan ($177) per kg,...

Published

Cristina Belda

Amy Lv

January 29, 2019

12:13 GMT

London, Shanghai