Weak Indium Market Price around Tokyo

Indium market price is flat with potential weakness around Tokyo. The price is around 62,000-67,000 yen per kilogram for low grade products for alloy making.Offshore indium spot market price is US$ 680-780 per kg, according to Reuters. The market price is flat at around US$ 730. One Japanese trading firm source sees the price would decrease to less than US$ 700 while another source sees less than US$ 700 is too low for the current market.Japanese indium demand is weak for indium-tin-oxide electrode of liquid crystal panel, which has significant impact on the indium spot price. Japanese major users purchase raw material on long term contract basis and the users’ spot purchase is very slow due to low demand.Indium shipment is slow for solder. Major electronics material maker sees operation rate of personal computer and semiconductor makers is low. Some dealers try to reduce the inventory with expectation for the price decrease.