Indium Market Downturn Of Chinese Exports

Recently, China's refined indium export market continued trading deserted

. Vendor hopes on demand will bounce back in mid-February.

4N fine indium export the current offer $ 530 cash / kg,yttria oxide supplier, about price of $ 570 / kg, unchanged from last week.

Sluggish performance of the domestic market, but the offer has been strong support by the cost in 3400-3500 yuan / kg or so.

South China, said a manufacturer has received a few inquiries recently, but no actual transaction, "the domestic market is deserted, December 21 prices began to fall. Now basically waiting to see of consumer markets,niobium, waiting for prices to decline further." But the production optimistic about the long-term business, said the market does not currently intend to cut prices. The manufacturer exports given the current offer for 540-570 U.S. dollars / kg, the domestic market price 3400-3500 yuan / kg.

According to his forecast, this year sales are likely to remain at 25-30 tons, the same level as last year. Of which 20 tons of supplies overseas markets such as Japan, Europe, the United States.

"Now the acceptance of this price is not high, but I think it can look forward to what the late performance."

East China,niobium exporter, also known as a producer is very active in the market now, buyers more choices than wait and see the next one. He believes that the possibility of short-term rebound unlikely, but after the Lunar New Year demand should increase, while prices will likely rise.

"Downstream market, in particular LED industry did well, so I think in mid-February will be gradually robust global demand growth."

The short-term customers for the manufacturer to maintain 530-550 U.S. dollars / kg quotations, in order to help stabilize market sentiment. Source: http://www.mhcmm.com

by: ddew

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