Spot indium prices soft, seen near bottom
Nov 29, 2007 | 12:48 PM
| Matthew Lerner
Indium prices in the United States remain soft after months on a downslope, but some trade sources say the market might have bottomed out.
Spot indium prices are between $500 and $600 per kilogram, down from $600 to $650 previously, but sentiment seems to be shifting as traders see a bottom to the market and a possible reversal of recent downward momentum.
"I think the market is primed to go up," said one trader, who put the market at $600 per kg. for good-quality indium tin oxide of 99.99-percent (four nines) purity. "Demand from liquid-crystal display (LCD) producers is booming. Demand is strong across the board. I don't see anything on the downside."....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.