Despite high inventory levels in China, the price discrepancy between Chinese and non-Chinese indium looks like it will persist through September.
While prices for 99.99% indium metal remain around USD 560/kg in China, supported by the recent state stockpiling purchase of 60 metric tonnes, prices elsewhere have been trading between USD 470-500/kg.
Although many Chinese producers are holding inventory of the metal and stocks at the Fanya Metal Exchange in Kunming recently reached record high levels, metal imports have been reported through the summer, as financial exchanges trading indium have sought cheaper sources to meet their inventory requirement levels.
