INDIUM SNAPSHOT: Price edges up in Europe but market wary of potential ceiling

September 22, 2020 / www.metalbulletin.com / Article Link

Key data from the pricing session in London on Friday September 18.




Key drivers 

Sellers were reluctant to offer below $175 per kg and some deals were achieved at the top of end of the new range, pushing the assessment to its highest in 18 months.  Chinese price rises had driven the European assessment up since early September, but domestic Chinese suppliers reduced their offer prices on Friday due to weakening buying interest there. Market participants in Europe now...

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