Minor metal market participants do not expect the Yunnan provincial government incentives for commercial stockpiling of non-ferrous metals to immediately boost indium or germanium prices due to the potentially limited share allocated to minor metals and the weak demand outlook.
The Yunnan provincial government called for leading enterprises to stockpile non-ferrous metals including copper, aluminium, lead, zinc, tin, germanium and indium to support the economy in an announcement on April 26. Companies can pledge their products to secure bank loans to reserve the metals from market.Fastmarkets assessed the price of indium 99.99%, exw China at 890-920 yuan per kg on...