Chinese spot indium price soars on futures market strength

September 01, 2021 / www.metalbulletin.com / Article Link

China's spot indium price climbed to a more than two-and-a-half-year high amid an uptick in buying activity last week while participants looked to take advantage of strong price gains in the futures market.

Fastmarkets' weekly price assessment for indium, 99.99%, exw China, was 1,350-1,700 yuan ($209-263) per kg on Friday August 27, an increase of 90-400 yuan per tonne (19.1%) from 1,260-1,300 yuan per kg a week earlier.
The midpoint of the latest range, at 1,525 yuan per kg, is the highest since December 12, 2018, when it stood at 1,535 yuan per kg.

Sources said that rising indium futures prices had provided an...

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