The impact of quantitative easing has pushed international prices for most minor metals higher over the past month. The current financial environment, along with expectations of an increase in seasonal demand for indium, has resulted in Chinese indium prices rising to around US$ 525-550 per kilogram. Producers and traders in China, who have been holding most of the market’s excess inventory, are hoping that Christmas sales of touch screen and other LCD display units will result in greater demand – and higher prices – for indium, as producers re-stock inventory in early 2011.
Given the current market and expectations for indium prices, SMI Ltd. expects to see indium prices of between US$ 525-575 per kilogram for the remainder of 2010. While the potential remains for indium to reach US$ 600 per kilogram in the first quarter of 2011, this will be heavily dependent upon US monetary policy over the coming months and LCD sales during the holiday season.
Most Popular
Categories
- Antimony (3)
- Bismuth (4)
- China (20)
- Cobalt (2)
- Conferences (5)
- Fanya Metal Exchange (11)
- Gallium (12)
- Germanium (15)
- Indium (20)
- Market Reports (22)
- Minor Metals (26)
- Molybdenum (1)
- Photovoltaic Cells (1)
- Rare Earths (8)
- Renminbi (1)
- Selenium (2)
- Strategic Metals (14)
- Tantalum (1)
- Tellurium (4)
- Tungsten (2)
- WTO (1)
Market Prices Via Twitter
Recommended Reading: Strategic Metals
- One man’s lonely quest to recover his life savings from Fanya Metal Exchange ends badly
Frustrated by the Fanya situation, Wang, a 50-year-old retiree decided to take matters into his own hands. - Indium At Your Fingertips
Another one from Tom Vulcan at Hard Asset Investors. Here Mr. Vulcan takes a look at the indium market and how the minor metal is attracting investors, despite it seemingly being in oversupply. - Strategic Metal Information Sources & Resources
Tom Vulcan provides a good summary of where to look - and what to consider - when searching for information on minor and strategic metals. - Conflict Minerals: An Assessment of the Dodd-Frank Act
Melvin Ayogu and Zenia Lewis from the Brookings Institute examine the provision in the Dodd-Frank Act that addresses the trade of conflict minerals originating in the Democratic Republic of the Congo.
External Reports
Strategic Metal News:
- China Axes Rare Earth Export Quotas
China has axed quotas on rare earths exports and will probably replace them with a resources tax, eliminating a policy that... - China Buys Nearly a Quarter of Global Germanium Output
China has bought nearly a quarter of global production of germanium, which is used in fibre optics and semiconductors, in a move that is likely to prop up prices while demand is weak (Reuters). - Federal Judge Upholds SEC's Conflict Minerals Rule
A U.S. federal court judge has upheld a new rule that would force manufacturers to disclose whether their products contain "conflict minerals" from the Democratic Republic of Congo.
Sponsors & Partners
Recommended Reading: Chinese Economy
- Wealth Products Threaten China Banks on Ponzi-Scheme Risk
Bloomberg takes a look at China's wealth management products (WMPs). A US$ 1.3 trillion industry that has little transparency in its investments and poses a serious threat to the country's financial stability. - Wine Country Conference 2013
Presentations by Michael Pettis and Jim Chanos paint a clear picture of how critical current economic conditions in China have become and the affect that different policy responses could have. - China’s Stability Gambit
Stephen Roach, senior lecturer at Yale University's School of Management and former Chairman of Morgan Stanley Asia, reflects on China's recent Development Forum, the dismissal of Bo Xilai, comments by Premier Wen Jiabao, and how it all comes back to growth and stability.
