Tantalite import market prices decrease in U.S.
2024-04-12 10:06:19 [Print]
BEIJING (Asian Metal) 12 Apr 24 - Discouraged by inactive inquiries from downstream consumers, the tantalite import market in U.S. witnesses lower prices in the past week. The current mainstream import prices of tantalite 30%min in U.S. decrease to USD82-84/lb Ta2O5 CIF USA, down by USD1/lb Ta2O5 from early last week. As most suppliers plan to lower their price to promote sales, insiders predict that the mainstream prices would decrease further in the coming week.
"We would like to sell tantalite 30%min at around USD83/lb Ta2O5 CIF USA and consider USD82/lb Ta2O5 if clients purchase no less than 1t at the moment, while we could accept USD83/lb Ta2O5 for the same quantity when we quoted USD84/lb Ta2O5 early last week", said a trader in the U.S., who received no inquiry this week, while they received one inquiry last week. They last sold around 1t at about USD83/lb Ta2O5 to a regular client in early April. Discouraged by weak demand from downstream consumers, the trader plans to lower their price by around USD1/lb Ta2O5 next week and predicts that the mainstream prices would decrease by around USD1/lb Ta2O5 in the coming week.
The trader, based on a regular monthly trading volume of 1t, expects to sell about 1t in April, unchanged from March. They sold nearly 12t in 2023 and around 4t so far in 2024. They hold around 1t of stock now, up by 1t from last month.
Another trader in the U.S. claimed that they offer USD84/lb Ta2O5 CIF USA for tantalite 30%min and could accept USD82/lb Ta2O5 for orders no less than 5t at present, while they quoted USD85/lb Ta2O5 and considered USD83/lb Ta2O5 if the clients could purchase the same quantity early last week. "We last sold around 5t to a regular client at around USD83/lb Ta2O5 early last week", said the trader, who received no inquiry since then. As most downstream consumers remain cautious in purchasing, the trader remains pessimistic about the market next week and predicts that the mainstream prices would decrease by around USD1/lb Ta2O5 in the following week.
Based on a regular monthly trading volume of 5t, the trader would sell about 5t in April, the same as last month. They sold almost 30t in 2023 and around 10t so far in 2024. They hold around 1t of stock now, unchanged MoM.
"We would like to sell tantalite 30%min at around USD83/lb Ta2O5 CIF USA and consider USD82/lb Ta2O5 if clients purchase no less than 1t at the moment, while we could accept USD83/lb Ta2O5 for the same quantity when we quoted USD84/lb Ta2O5 early last week", said a trader in the U.S., who received no inquiry this week, while they received one inquiry last week. They last sold around 1t at about USD83/lb Ta2O5 to a regular client in early April. Discouraged by weak demand from downstream consumers, the trader plans to lower their price by around USD1/lb Ta2O5 next week and predicts that the mainstream prices would decrease by around USD1/lb Ta2O5 in the coming week.
The trader, based on a regular monthly trading volume of 1t, expects to sell about 1t in April, unchanged from March. They sold nearly 12t in 2023 and around 4t so far in 2024. They hold around 1t of stock now, up by 1t from last month.
Another trader in the U.S. claimed that they offer USD84/lb Ta2O5 CIF USA for tantalite 30%min and could accept USD82/lb Ta2O5 for orders no less than 5t at present, while they quoted USD85/lb Ta2O5 and considered USD83/lb Ta2O5 if the clients could purchase the same quantity early last week. "We last sold around 5t to a regular client at around USD83/lb Ta2O5 early last week", said the trader, who received no inquiry since then. As most downstream consumers remain cautious in purchasing, the trader remains pessimistic about the market next week and predicts that the mainstream prices would decrease by around USD1/lb Ta2O5 in the following week.
Based on a regular monthly trading volume of 5t, the trader would sell about 5t in April, the same as last month. They sold almost 30t in 2023 and around 10t so far in 2024. They hold around 1t of stock now, unchanged MoM.
