The stock will be auctioned via Alibaba judicial online platform at 10am Beijing time on April 24 and 10am Beijing time on April 25, according to an official announcement on Tuesday.
The starting price of this new lot is 1,080 yuan ($160) per kg, excluding value-added tax (VAT) and storage costs.
Fastmarkets’ latest assessment for Chinese domestic 99.99% indium was at 1,200-1,230 yuan per kg on Wednesday, its lowest level since September 2017. The price was down 50 yuan or 4% from 1,250-1,280 yuan per kg previously....
