# Indium Price per kg (United States)

As of October 2026, the US benchmark price of indium is $732.37 per kg contained. The price has reached its highest level of the past year, $732.37 per kg contained.

Source: https://www.stockatomics.com/commodities/indium-price-us
Category: Critical Minerals (https://www.stockatomics.com/commodities/critical-minerals)
Lists: US Critical Minerals List

## Key figures

| Figure | Value |
| --- | --- |
| Price per kg contained | $732.37 |
| Price type | Stockatomics monthly benchmark |
| Price month | October 2026 |
| 1-month change | +5.7% |
| 6-month change | +50.9% |
| 1-year change | +142.5% |
| 5-year change | +315.7% |
| 12-month high | $732.37 |
| 12-month low | $372.51 |
| Last updated | 18 October 2026 |

## Price summary

At $732.37, the price is at its highest in the past 12 months. In the past year the monthly price has moved between $372.51 and $732.37. Measured over longer windows, indium is +142.5% on the year and +315.7% over five years.

## Indium monthly prices

USD per kg contained, newest first.

| Month | Price | Change |
| --- | --- | --- |
| October 2026 | $732.37 | 0.0% |
| September 2026 | $732.37 | 0.0% |
| August 2026 | $732.37 | +5.7% |
| July 2026 | $693.17 | −1.4% |
| June 2026 | $702.97 | +12.5% |
| May 2026 | $624.85 | −2.5% |
| April 2026 | $640.84 | +1.5% |
| March 2026 | $631.46 | +30.1% |
| February 2026 | $485.45 | +29.6% |
| January 2026 | $374.68 | −3.4% |
| December 2025 | $387.68 | +4.1% |
| November 2025 | $372.51 | +1.5% |
| October 2025 | $367.01 | +5.1% |
| September 2025 | $349.07 | +15.6% |
| August 2025 | $301.95 | −18.2% |
| July 2025 | $369.25 | −1.5% |
| June 2025 | $374.87 | −0.8% |
| May 2025 | $377.73 | +19.3% |
| April 2025 | $316.66 | −10.3% |
| March 2025 | $352.86 | −14.3% |
| February 2025 | $411.84 | +32.2% |
| January 2025 | $311.56 | −8.6% |
| December 2024 | $340.93 | −8.3% |
| November 2024 | $371.63 | +4.7% |
| October 2024 | $355.09 | −5.2% |
| September 2024 | $374.46 | +13.6% |
| August 2024 | $329.75 | −16.1% |
| July 2024 | $393.00 | +23.3% |
| June 2024 | $318.78 | +20.0% |
| May 2024 | $265.69 | +19.1% |
| April 2024 | $223.15 | −0.9% |
| March 2024 | $225.21 | −1.1% |
| February 2024 | $227.78 | +15.5% |
| January 2024 | $197.23 | −17.1% |
| December 2023 | $237.79 | −0.7% |
| November 2023 | $239.39 | +6.6% |
| October 2023 | $224.47 | −5.7% |
| September 2023 | $238.01 | +13.1% |
| August 2023 | $210.46 | +6.3% |
| July 2023 | $197.99 | +1.3% |
| June 2023 | $195.37 | −1.1% |
| May 2023 | $197.60 | −5.2% |
| April 2023 | $208.33 | −7.3% |
| March 2023 | $224.81 | +15.0% |
| February 2023 | $195.57 | −2.0% |
| January 2023 | $199.57 | −12.0% |
| December 2022 | $226.86 | −0.1% |
| November 2022 | $227.10 | +8.4% |
| October 2022 | $209.53 | −11.1% |
| September 2022 | $235.56 | +2.7% |
| August 2022 | $229.47 | −4.6% |
| July 2022 | $240.46 | −3.2% |
| June 2022 | $248.49 | +11.9% |
| May 2022 | $222.10 | −9.3% |
| April 2022 | $244.94 | +1.6% |
| March 2022 | $241.07 | −5.8% |
| February 2022 | $256.01 | +13.3% |
| January 2022 | $225.93 | −4.3% |
| December 2021 | $236.03 | +14.7% |
| November 2021 | $205.71 | +6.8% |
| October 2021 | $192.57 | +3.4% |
| September 2021 | $186.15 | +5.7% |
| August 2021 | $176.18 | +1.6% |
| July 2021 | $173.46 | −12.0% |
| June 2021 | $197.08 | +2.6% |
| May 2021 | $192.10 | +4.1% |
| April 2021 | $184.51 | −5.0% |
| March 2021 | $194.18 | +12.5% |
| February 2021 | $172.66 | −7.3% |
| January 2021 | $186.23 | +8.9% |
| December 2020 | $171.00 | −3.6% |
| November 2020 | $177.42 | +22.6% |
| October 2020 | $144.66 | +0.8% |
| September 2020 | $143.47 | −9.4% |
| August 2020 | $158.34 | +10.1% |
| July 2020 | $143.75 | −3.5% |
| June 2020 | $148.96 | −34.6% |
| May 2020 | $227.84 | +19.4% |
| April 2020 | $190.76 | +3.7% |
| March 2020 | $183.93 | +27.1% |
| February 2020 | $144.66 | +1.8% |
| January 2020 | $142.14 | −18.7% |
| December 2019 | $174.73 | +1.8% |
| November 2019 | $171.71 | +3.4% |
| October 2019 | $166.08 | +6.5% |
| September 2019 | $155.96 | −0.7% |
| August 2019 | $157.04 | −4.9% |
| July 2019 | $165.05 | −4.8% |
| June 2019 | $173.32 | −9.6% |
| May 2019 | $191.64 | −8.3% |
| April 2019 | $208.88 | +3.5% |
| March 2019 | $201.80 | −13.3% |
| February 2019 | $232.74 | −18.8% |
| January 2019 | $286.60 | +18.1% |
| December 2018 | $242.74 | −19.0% |
| November 2018 | $299.85 | +15.8% |
| October 2018 | $259.04 | −17.9% |
| September 2018 | $315.67 | +14.5% |
| August 2018 | $275.78 | −7.0% |
| July 2018 | $296.61 | −22.0% |
| June 2018 | $380.11 | +2.4% |
| May 2018 | $371.05 | +13.7% |
| April 2018 | $326.20 | −6.0% |
| March 2018 | $346.89 | +16.1% |
| February 2018 | $298.90 | +3.7% |
| January 2018 | $288.12 | +14.2% |
| December 2017 | $252.31 | +6.6% |
| November 2017 | $236.79 | +9.2% |
| October 2017 | $216.91 | +14.7% |
| September 2017 | $189.11 | −0.9% |
| August 2017 | $190.87 | +3.8% |
| July 2017 | $183.82 | −17.2% |
| June 2017 | $221.97 | +15.6% |
| May 2017 | $192.03 | −4.2% |
| April 2017 | $200.38 | −15.5% |
| March 2017 | $237.00 | +4.0% |
| February 2017 | $227.88 | +25.6% |
| January 2017 | $181.48 | −9.2% |
| December 2016 | $199.79 | −15.1% |
| November 2016 | $235.45 | +29.8% |
| October 2016 | $181.42 | −12.7% |
| September 2016 | $207.81 | −10.8% |
| August 2016 | $232.92 | −4.1% |
| July 2016 | $242.83 | +11.5% |
| June 2016 | $217.73 | −5.1% |
| May 2016 | $229.42 | +2.1% |
| April 2016 | $224.81 | +1.3% |
| March 2016 | $221.90 | −1.3% |
| February 2016 | $224.73 | +2.7% |
| January 2016 | $218.79 | −5.0% |
| December 2015 | $230.39 | +1.0% |
| November 2015 | $228.00 | −4.1% |
| October 2015 | $237.75 | −13.2% |
| September 2015 | $273.80 | −9.4% |
| August 2015 | $302.21 | −13.9% |
| July 2015 | $351.08 | −12.8% |
| June 2015 | $402.66 | −12.1% |
| May 2015 | $457.93 | −11.2% |
| April 2015 | $515.55 | −2.2% |
| March 2015 | $526.99 | −3.0% |
| February 2015 | $543.45 | −12.8% |
| January 2015 | $623.36 | −5.1% |
| December 2014 | $656.65 | −4.8% |
| November 2014 | $689.85 | +0.3% |
| October 2014 | $687.55 | +3.6% |
| September 2014 | $663.92 | −1.6% |
| August 2014 | $674.75 | −0.6% |
| July 2014 | $679.08 | −3.1% |
| June 2014 | $700.57 | −3.1% |
| May 2014 | $723.06 | −0.3% |
| April 2014 | $725.11 | +54.3% |
| March 2014 | $470.06 | −31.1% |
| February 2014 | $682.21 | +3.8% |
| January 2014 | $657.43 | +10.7% |
| December 2013 | $593.96 | −11.7% |
| November 2013 | $672.99 | +8.2% |
| October 2013 | $622.24 | +1.6% |
| September 2013 | $612.22 | +3.0% |
| August 2013 | $594.48 | +14.5% |
| July 2013 | $519.18 | +0.4% |
| June 2013 | $516.88 | −7.5% |
| May 2013 | $558.97 | +8.6% |
| April 2013 | $514.81 | −0.7% |
| March 2013 | $518.26 | +8.2% |
| February 2013 | $479.19 | +0.4% |
| January 2013 | $477.31 | −3.5% |
| December 2012 | $494.76 | −4.8% |
| November 2012 | $519.45 | +7.0% |
| October 2012 | $485.30 | +1.9% |
| September 2012 | $476.03 | +3.2% |
| August 2012 | $461.18 | +0.4% |
| July 2012 | $459.27 | −1.9% |
| June 2012 | $468.01 | −4.4% |
| May 2012 | $489.77 | −1.3% |
| April 2012 | $496.02 | −11.0% |
| March 2012 | $557.13 | +5.1% |
| February 2012 | $530.06 | −1.9% |
| January 2012 | $540.46 | +7.3% |
| December 2011 | $503.88 | −18.7% |
| November 2011 | $620.05 | +5.7% |
| October 2011 | $586.51 | −19.5% |
| September 2011 | $728.25 | +7.4% |
| August 2011 | $677.94 | −2.8% |
| July 2011 | $697.12 | −5.8% |
| June 2011 | $740.06 | +6.6% |
| May 2011 | $694.07 | +25.3% |
| April 2011 | $553.91 | −1.3% |
| March 2011 | $561.30 | −3.5% |
| February 2011 | $581.91 | +22.7% |
| January 2011 | $474.11 | −8.0% |
| December 2010 | $515.29 | +0.4% |
| November 2010 | $513.43 | +2.1% |
| October 2010 | $503.11 | −4.8% |
| September 2010 | $528.24 | +3.9% |
| August 2010 | $508.25 | −5.9% |
| July 2010 | $539.93 | +8.8% |
| June 2010 | $496.41 | −13.8% |
| May 2010 | $575.75 | +10.7% |
| April 2010 | $520.04 | +8.8% |
| March 2010 | $478.09 | +4.6% |
| February 2010 | $456.97 | +3.4% |
| January 2010 | $441.99 | - |

## What indium is used for

Indium (In) is used mostly as **indium tin oxide**, the transparent conductive coating on flat-panel displays, touchscreens and some solar cells. A fast-growing second market is **indium phosphide**, the compound semiconductor in the lasers and photodetectors of fibre-optic and data-centre optical links, which the build-out of AI infrastructure is pulling forward.

### Other uses

- Low-melting solders and thermal interface materials
- CIGS thin-film solar cells
- Bearings and low-friction alloys
- Cryogenic seals

## Indium supply and demand factors

Indium is recovered as a by-product of **zinc smelting**, so supply is limited by zinc output and by how many smelters choose to capture it. China, South Korea and Japan lead production. Demand is dominated by indium tin oxide for displays, with a fast-growing new market in indium phosphide for data-centre optics. Recycling of sputtering target scrap is a significant secondary source.

### What moves the price

- Zinc smelting rates and recovery choices
- Chinese export controls
- Display panel production
- Optical communications demand from data centres

## Indium price history

Indium prices were depressed for years after the 2015 collapse of China's Fanya Metal Exchange left large stocks overhanging the market. China added indium to its export controls in 2025, lifting prices outside China, while demand from data-centre optics has added a new source of strength.

As of October 2026, the Stockatomics benchmark price is $732.37 per kg contained.

## Where indium is produced

Indium is recovered from zinc smelting, mainly in **China**, **South Korea**, **Japan** and **Canada**. The United States has no primary production and relies on imports and recycling.

## Why indium is a critical mineral

Indium is on the **US critical minerals list**. Displays and data-centre optics depend on it, supply is a by-product of zinc smelting concentrated in a few countries, and the United States has no primary production.

## How the indium benchmark price is calculated

Stockatomics publishes a monthly US benchmark price for indium in US dollars per kg contained, reading as of October 2026. The price is for contained indium metal, not for an indium tin oxide sputtering target.

### Converting the price

- Indium is usually quoted per kg already; per tonne, multiply by 1,000

## Indium stocks

| Company | Ticker | Exchange | Role |
| --- | --- | --- | --- |
| [Korea Zinc](https://www.stockatomics.com/companies/korea-zinc-krx-010130) | 010130 | KRX | By-product producer |

## FAQ

### What is the price of indium per kg today?

As of October 2026, the US benchmark price of indium is $732.37 per kg contained. Stockatomics updates it every month.

### What is indium used for?

Indium tin oxide for touchscreens and displays, and indium phosphide for data-centre optical links.

### Where does indium come from?

It is recovered as a by-product of zinc smelting, mainly in China, South Korea, Japan and Canada.

### Why is indium important for AI?

Indium phosphide lasers and detectors carry data in the optical links between servers in AI data centres.

### How is the indium benchmark price calculated?

The Stockatomics benchmark for indium is a monthly US price in US dollars per kg contained, published every month and current as of October 2026.

## Related commodities

- [Lithium price per kg](https://www.stockatomics.com/commodities/lithium-price-us): $89.62 per kg contained
- [Copper price per kg](https://www.stockatomics.com/commodities/copper-price-us): $13.92 per kg contained
- [Cobalt price per kg](https://www.stockatomics.com/commodities/cobalt-price-us): $56.81 per kg contained
- [Nickel price per kg](https://www.stockatomics.com/commodities/nickel-price-us): $17.24 per kg contained
- [Graphite price per kg](https://www.stockatomics.com/commodities/graphite-price-us): $1.17 per kg graphite
- [Gallium price per kg](https://www.stockatomics.com/commodities/gallium-price-us): $1,530 per kg contained

## Sources

- U.S. trade data: the monthly indium price.
- U.S. Geological Survey (USGS): the US critical minerals list.
- Company filings: the listed companies and their roles.

Last updated 18 October 2026.