Lack of fixed-price contracts could be painful for North American Consumers

Dec 27, 2006 | 03:04 PM | Matthew Lerner

New Chinese export taxes on indium and other metals will almost certainly increase costs for North American consumers, one U.S.-based indium trader said.

"It should have an immediate effect; I would imagine it would put upward pressure on pricing," he said.

U.S. prices for indium have hovered in the range of $720 to $760 a kilogram for weeks as the market waited for the government to act. Indium tin oxide is used in the manufacture of flat panel displays, one of the fastest growing segments of the consumer products market.....

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