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Indium Price — 10-Day Trend Behind These Factors
All prices in ₹ per gram · daily rate, updated once per day
What Affects Indium Price: The Short Answer
Today's indium rate is ₹69.21 per gram, and understanding what moves it starts with one unusual fact: indium is almost never mined for its own sake. It is recovered as a byproduct of zinc ore processing, with smaller contributions from lead and tin processing. That means the supply side of this market answers to zinc economics, while the demand side answers to something completely different — electronics and display manufacturing.
- Supply driver: byproduct recovery from zinc mining and smelting
- Demand driver: indium tin oxide (ITO) for touchscreens and displays
- Key producing/refining countries: China, South Korea, Canada
- Longer-term watch item: ongoing research into ITO alternatives
No single factor here works in isolation — it's the interaction between an inelastic, byproduct-driven supply and a fast-moving, electronics-cycle-driven demand that gives indium its particular price behavior.
Indium Price by Weight
Today's Indium rate is Sixty Nine Rupees per gram. At this rate, 10 grams of Indium costs Six Hundred and Ninety Two Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹69.21 | Sixty Nine Rupees |
| 8 Grams | 8.0000 g | ₹553.67 | Five Hundred and Fifty Four Rupees |
| 10 Grams | 10.0000 g | ₹692.09 | Six Hundred and Ninety Two Rupees |
| 100 Grams | 100.0000 g | ₹6,920.91 | Six Thousand Nine Hundred and Twenty One Rupees |
| 1 Kilogram | 1,000.0000 g | ₹69,209.09 | Sixty Nine Thousand Two Hundred and Nine Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹1,962.04 | One Thousand Nine Hundred and Sixty Two Rupees |
| 1 Troy Ounce | 31.1035 g | ₹2,152.64 | Two Thousand One Hundred and Fifty Three Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹69,209,089.00 | Six Crore Ninety Two Lakh Nine Thousand Eighty Nine Rupees |
The Supply Side: A Metal That Follows Zinc
Because indium comes out of zinc smelting and refining rather than a dedicated mine, its available supply doesn't respond to indium prices the way, say, aluminium supply responds to aluminium prices. A zinc miner isn't going to dig faster because indium prices ticked up — they're focused on the zinc price, zinc demand from galvanizing and construction, and their own zinc-specific economics. Indium output is essentially a side effect of decisions made for reasons that have nothing to do with indium.
Where that supply actually comes from
China, South Korea, and Canada are real, established centers of indium production and refining, largely because they host significant zinc-processing capacity. When zinc refining activity in any of these countries shifts — for reasons tied to zinc's own market, environmental regulation, or smelter maintenance schedules — indium availability can move along with it, independent of anything happening in the electronics industry.
Indium Price — Last 10 Days
The most recent Indium price on record (2026-09-17) is Sixty Nine Rupees per gram. This is up by Less than One Rupees from the previous day's rate of ₹69.07.
| Date | Price (INR/g) | Change |
|---|---|---|
| 2026-09-17 | ₹69.21 | +0.14 |
| 2026-09-16 | ₹69.07 | +0.03 |
| 2026-09-15 | ₹69.04 | +0.09 |
| 2026-09-14 | ₹68.95 | +0.11 |
| 2026-09-13 | ₹68.84 | +0.00 |
| 2026-09-12 | ₹68.84 | +0.04 |
| 2026-09-11 | ₹68.80 | -0.04 |
| 2026-09-10 | ₹68.84 | +0.35 |
| 2026-09-09 | ₹68.50 | -0.26 |
| 2026-09-08 | ₹68.76 | — |
The Demand Side: Touchscreens, Displays, and What Comes Next
On the demand side, indium tin oxide is the story. ITO is a transparent conductive coating, and it goes onto glass or film for touchscreens and flat-panel LCD displays in overwhelming volume compared to any other use. As smartphone, tablet, and television manufacturing cycles ramp up or slow down, that demand pulse shows up in the indium market, sometimes at odds with whatever the zinc-driven supply side is doing at the same moment. Thin-film solar panel manufacturing has added a further, genuinely real source of demand growth in recent years, layering on top of the display-industry pull.
Looking further out, materials scientists have been actively researching alternatives to ITO — partly to reduce cost, partly to reduce dependence on a supply chain as constrained as indium's. That is a legitimate long-term factor to watch, though it would be speculation to claim any alternative is close to displacing ITO commercially today. For now, ITO demand remains the dominant lever on the demand side of this market.
Put the two sides together — supply that follows zinc, demand that follows consumer electronics — and you get a metal whose price can move for reasons that have nothing to do with each other, which is exactly why it's worth tracking both stories rather than just one.
What Affects Indium Price — FAQs
Its byproduct supply chain. Indium is almost never mined on its own — it is recovered mainly during zinc ore processing, so how much indium reaches the market depends on zinc mining and refining decisions, not on indium's own demand. That one structural fact shapes almost every other factor on this page.
ITO is, by a wide margin, indium's dominant application — a transparent conductive coating used in touchscreens and flat-panel LCD displays, and increasingly in thin-film solar panels. When touchscreen and display manufacturing runs hot, that demand pulls against a supply base that cannot expand quickly on its own, since it is tied to zinc processing rather than indium-specific mining.
China, South Korea, and Canada are real, verifiable centers of indium production and refining, largely as an extension of their zinc-processing industries. Shifts in zinc mining or smelting activity in these countries can move indium availability even when nothing about indium demand has changed.
Over the longer term, potentially. Materials researchers have genuinely been studying alternatives to ITO for cost and supply-security reasons, given how constrained and byproduct-dependent indium supply is. This is a real, ongoing industry direction to watch, though nothing suggests any alternative is close to displacing ITO commercially in the near term, so it is not a major factor in today's price.
Indium is a specialist industrial input bought directly by refiners and electronics manufacturers rather than a retail commodity, so exchange-rate and duty effects are absorbed into business-to-business contracts rather than showing up in a headline retail rate the way gold or silver duty changes do.
