CHINA INDIUM SNAPSHOT: Price finds further support on sustained futures market rise

September 10, 2020 / www.metalbulletin.com / Article Link

Key data from Fastmarkets' pricing session in Shanghai on Wednesday September 9.



Key drivers

The continued rise in the futures market encouraged domestic suppliers to either raise offer prices again or hold back from offering before more gains ahead. The October indium contract on the Wuxi Stainless Steel Exchange, for example, closed at 1,410 yuan ($206.08) per kg on September 9, up by 13.3% from 1,244 yuan per kg at the close on September 2. The recent price increases in...

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