RE: ADEX is climbing...
Demand for indium is on the rise, more than ever before that is. Your points are well taken on the price, demand always dictates price, or has much to do with it. Will be interesting to compare prices in the next few months and even years to come though.
Good luck to all!
----------Original Message Posted 10/27/2010 3:02:49 PM----------
> Indium is on the rise!
Hard to say. Last news was Dowa increasing refined indium for large buyers to ?55,000 / kg on Oct. 1.
As of today, this is $677.42 / kg, vs the $580 price seen last month and incidentally used in the feasibility study. About half of the price increase is demand related, half exchange rate related, so the short-term dollar counterrally is probably a net negative for a short while.