Investment demand leads to continued increase in indium prices

According to reports, due to the tight supply of crude indium in the Chinese market this week, the market has increased enquiries, procurement has increased, investment demand has increased, and environmental protection policies have tightened. Suppliers have further increased their prices. The price of crude indium (99%) and refined indium (99.99%) both showed a slight increase.

Recently, some 99.99% producers of indium ingots shipped some of their goods to electronic exchanges at the end of July for delivery. Coupled with suppliers' reluctance to sell, spot prices on the current market are not large, especially the tight crude indium supply is quite tight. serious. Therefore, the supply of tension has also pulled the price up to a certain extent. However, the main reason for the rebound in this price is the increase in investment demand. The recent rapid increase in the indium price has greatly restored the investor’s confidence. Together, they participated in the indium trade and further activated the indium market.

As the leader of China's indium investment, the Pan-Asian Non-ferrous Metals Exchange is China's earliest government-approved, professional, non-ferrous metal spot exchange. Through the deep integration of traditional trade and e-commerce, a trade and investment platform for the free circulation of rare metals is built. A virtuous cycle of resource protection and development, commercial collection and storage, a win-win situation for enterprises and investors, and industrial upgrading have been formed. In order to enhance the value of China's rare metal industry chain and form the international pricing power of rare metals, we must do our best. As of August 6th, members have already formed up to 1354.16 tons of stocks through the exchange, and their total inventory exceeds 4 times of national indium production. Members actively participate in indium investment through the Pan-Asian Nonferrous Metals Exchange, making the volume of indium and the volume of delivery both become the first in the world.

Through two years of hard work, members of the Pan-Asian Non-Ferrous Metals Exchange have actively participated. At present, the indium price of the Pan-Asian Nonferrous Metals Exchange has already led the global price. Global indium price changes have taken shape: Indium indium prices preceded the change, leading to changes in the average price of indium in China, which in turn drove foreign indium price changes. Since the beginning of this year, the global indium price has continued to rise. From February 1 to August 1, the price of indium in the Pan-Asia Nonferrous Metals Exchange rose by 15.56%, and the average price of the indium abroad in the UK Metal Report also rose by 14.5%.

In the long run, the demand for ITO targets, LED chips, and CIGS thin film solar cells will continue to grow. In the near future, the annual usage of indium in the liquid crystal screen field and the annual usage of CIGS photovoltaic film will increase significantly. Based on a conservative estimation of product life for six years, the total global reserves of indium found will not be sufficient to support consumption. Therefore, it is highly probable that long-term indium prices will continue to rise.