Investors remain wary about China's large stocks of indium

Slowing demand from LCD makers and supply comeback weigh on market

20190314 indium

South Korea's LG Display has increased output of organic light-emitting diode displays, which require much less indium than LCD panels.  © Reuters

HIROKI MASUDA, Nikkei staff writer

TOKYO -- The global market for indium, a rare metal used in transparent electrodes, a liquid crystal display component, remains weak.

The market has loosened as demand from LCD manufacturers has slowed and supply from China, which represents 40% of global output, has come back up. On top of that, speculation has grown that indium stocks seized by the Chinese government amid credit uncertainty at a local exchange may be released, further adding to the downward pressure.

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