Indium firms on Japanese buyers’ return, supply fears
Dec 16, 2009 | 04:41 AM
| Anne Riley
Indium prices are rallying higher even as other metals in the minor metal complex continue to soften, market participants said.
"The low-price stuff seems to have disappeared," one producer source said.
According to buyers and sellers of the minor metal, most trades are currently in the $460- to $480-per-kilogram range, although some sources pegged prices as low as $440 per kg and as high as $510 per kg.
"Certainly, I think indium found the bottom and we're seeing prices go up," one domestic trader said, noting that prices bounced higher immediately after touting lows of $400 per kg around the Thanksgiving holiday.....
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