How to Evaluate The Recent Situation of China Indium Metal
The frequency of market transaction between buyers and sellers is low during the New Year’s Day holiday, which still continues the situation in December and is stuck in a stalemate.
Our export pressure is increased by the cold purchase of end users, and there is a strong mood of caution in the market.
Supply End of China Indium Metal
Some manufacturers are still in a state of production restriction by raw materials in the early stage, while the rest of the manufacturers like us are stable. The overall market transaction is hovering at a low level.
Although the spot circulation is OK for Indium Ingots, there is no new production capacity injection. In this case, the inventory pressure of manufacturers is not large so the general offer is not cheap.
The high cost of the market also gives us the confidence to stabilize the price.
China Indium Metal on the Demand Side
Due to the lack of sustained demand, buyers have a strong desire to avoid risks, and their enthusiasm for purchasing is depressed. In this case, buyers’ behavior is extremely cautious.
Trading companies are also affected by this atmosphere which the interest in purchasing is little. Most of them hold a wait-and-see attitude, which makes the pace of our exports slow down, and the export volume is mostly dependent on old customers.
A small number of transactions that just need to be replenished have become common, and it is difficult to make large-scale purchases in the short term.
Combined with various factors, the market of China indium metal has a high probability of maintaining the weak shock pattern.The cautious attitude of end users is difficult to reverse in the short term, and the recovery of market vitality still needs to wait for buyers on the demand side.
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