Technology metal price
Indium price today: $850.50 per kg
Price as of 27 October 2026 · checked 28 October 2026 · USD per kg, metal
Summary
The indium reference price is $850.50 per kilogram of metal as of 27 October 2026, +2.11% year to date and +169.91% since January 2020. China refines about 70% of the world's indium, exports of unwrought indium fell 72% year on year to September 2025, and the reference price is up only +2.11% this year.
Indium price in every unit and over time
| Measure | USD | Note |
|---|---|---|
| Per kilogram | $850.50 | Reference price, metal, 27 October 2026 |
| Per gram | $0.851 | kg price divided by 1,000 |
| Per troy ounce | $26.45 | 1 kg = 32.1507 troy ounces |
| Per pound | $385.78 | 1 kg = 2.2046 pounds |
| Per tonne | $850,500 | kg price times 1,000 |
| 1 January 2026 | $832.93 | Derived from the year-to-date change |
| Year to date | +2.11% | Rank 9 of 12 metals |
| January 2020 | $315.11 | Derived from the change since January 2020 (+169.91%) |
- January 2020 (derived) $315
- 1 January 2026 (derived) $833
- 27 October 2026 $851
Source: supplier reference prices for private investors, USD per kg of metal. Derived values back-calculate from the stated percentage changes and are rounded. How we price
What is moving the indium price
A calm market in a controlled metal
China put indium under export restriction in February 2025. USGS cites Asian Metal data showing unwrought indium exports down 72% year on year from September 2024 to September 2025. Even so, USGS records the annual average US warehouse price at $370–390 per kg in 2025 (the table and text differ), up 11% from 2024, with a June high of $408 per kg.
Reference price against the Argus series
Argus puts the US warehouse price at $351 per kg in 2024 and the Rotterdam price at $311. The $851 reference price is about 2.2 times the USGS 2025 range, a small-lot premium rather than a divergent market, with +2.11% year to date.
Demand is displays plus optical communications
Indium tin oxide (ITO) remains the largest end use. USGS flags indium phosphide for 5G and AI optical networking as a growth driver, in lasers, receivers and photodetectors, and indium solders in data-centre electrical components.
Indium annual average price, Argus via USGS (dollars per kg)
| Year | Price | Detail |
|---|---|---|
| 2021 | $223 | US warehouse FOB; Rotterdam $217 |
| 2022 | $250 | Rotterdam $252 |
| 2023 | $244 | Rotterdam $249 |
| 2024 | $351 | Rotterdam $311 |
| 2025 (est.) | $370–390 | Rotterdam $380; USGS table and text differ |
The reference price is a private-investor metal price at a single date. The benchmarks above are annual averages for a different form (oxide or an import value) and a different channel, so the gap between them is context, not an arbitrage. Source: USGS Mineral Commodity Summaries 2026.
World indium refinery production, 2025 (USGS)
| Country | 2025e (t) | Capacity (t) |
|---|---|---|
| China | 760 | 1,100 |
| Korea, Republic of | 180 | 310 |
| Japan | 65 | 70 |
| Canada | 40 | 70 |
| France | 21 | 70 |
| Belgium | 19 | 50 |
| World total | 1,100 | 1,700 |
What indium is used for
| End use | Weight | Detail |
|---|---|---|
| Indium tin oxide (ITO) coatings | Largest | Flat-panel and touch displays |
| Indium phosphide | Growing | 5G fibre-optic lasers and receivers, AI data-centre links |
| Solders, alloys, compounds | Other | Electrical components and semiconductors |
Dates and signals to watch
- MonthlyChinese customs data on unwrought indium exports.
- OngoingDisplay demand and indium phosphide capacity additions.
These are scheduled or reported events, not forecasts. We do not publish price targets. Chinese announcement dates should be checked against the original MOFCOM text; see the export-control timeline.
Compared with related metals
| Metal | USD per kg | YTD |
|---|---|---|
| Indium | $850.50 | +2.11% |
| Gallium price | $2,866.37 | +66.40% |
| Germanium price | $10,196.74 | +75.39% |
All 12 prices · What is indium? · Technology metal stocks · Price calculator
Indium price: frequently asked questions
What is the indium price per kilogram?
$850.50 per kilogram as of 27 October 2026, +2.11% year to date and +169.91% since January 2020.
What is the indium price per gram?
$0.85 per gram at the reference price.
Who produces the most indium?
China, with 760 t of 1,100 t world refinery production in 2025 (69%), followed by Korea (180 t), Japan (65 t) and Canada (40 t) in the USGS 2026 data.
Sources
- U.S. Geological Survey, Mineral Commodity Summaries 2026: Indium — February 2026, 2025 estimates
- China Ministry of Commerce (MOFCOM), export control announcements 23/2023, 33/2024, 46/2024, 18/2025, 70/2025 and 72/2025 — check the original text for the current licence status
Reference prices are indicative, not offers to buy or sell, and not investment advice. Reviewed 28 October 2026.