Brazilian tantalite export market prices decrease
2023-04-14 12:01:08 [Print]
BEIJING (Asian Metal) 14 Apr 23 - As most consumers remained inactive in sending inquiries, Brazilian tantalite suppliers lowered their prices in the export market in the past week. The current mainstream export prices for the Brazilian tantalite 30%min decreased to USD91.0-94.0/lb Ta2O5 FOB Brazil, down by USD1.0/lb from early last week. Discouraged by soft demand from downstream consumers, insiders predict that the Brazilian tantalite export price would decrease further in the coming week.
A trader in Brazil claimed that they offered USD94.0/lb Ta2O5 FOB Brazil for tantalite 30%min and could accept USD92.0/lb Ta2O5 for orders no less than 1t today, while they could accept USD93.0/lb Ta2O5 for the same quantity when they offered USD95.0/lb Ta2O5 early last week. "We last sold about 1t at around USD93.0/lb Ta2O5 to a regular client early last week," said the trader, who received no inquiry this week, while they received one inquiry last week. As most consumers remain inactive in purchasing, the trader plans to lower their price by around USD1.0/lb Ta2O5 next week and predicts that the mainstream prices would decrease by around USD1.0/lb Ta2O5 in the coming week.
Based on a regular monthly trading volume of 1t, the trader would sell around 1t in April, unchanged from March. They sold around 10t in 2022 and around 2t so far in 2023. They hold no stock now, the same as last month.
"We quote USD95.0/lb Ta2O5 FOB Brazil for tantalite 30%min and could accept USD94.0/lb Ta2O5 for orders no less than 1t at the moment, while we insisted on USD95.0/lb Ta2O5 for the same quantity early last week," said another trader in Brazil, who last sold about 1t at around USD95.0/lb Ta2O5 to a regular client in late March. They failed to conclude deals since then as they received no inquiry in the past two weeks. Discouraged by soft demand from downstream consumers, the trader remains pessimistic about the market next week and predicts that the price would decrease by around USD1.0/lb Ta2O5 in the following week.
The trader, with a regular monthly trading volume of 1t, expects to sell around 1t in April, the same as last month. They sold around 8t in 2022 and almost 2t so far in 2023. They hold no stock now, unchanged from last month.
A trader in Brazil claimed that they offered USD94.0/lb Ta2O5 FOB Brazil for tantalite 30%min and could accept USD92.0/lb Ta2O5 for orders no less than 1t today, while they could accept USD93.0/lb Ta2O5 for the same quantity when they offered USD95.0/lb Ta2O5 early last week. "We last sold about 1t at around USD93.0/lb Ta2O5 to a regular client early last week," said the trader, who received no inquiry this week, while they received one inquiry last week. As most consumers remain inactive in purchasing, the trader plans to lower their price by around USD1.0/lb Ta2O5 next week and predicts that the mainstream prices would decrease by around USD1.0/lb Ta2O5 in the coming week.
Based on a regular monthly trading volume of 1t, the trader would sell around 1t in April, unchanged from March. They sold around 10t in 2022 and around 2t so far in 2023. They hold no stock now, the same as last month.
"We quote USD95.0/lb Ta2O5 FOB Brazil for tantalite 30%min and could accept USD94.0/lb Ta2O5 for orders no less than 1t at the moment, while we insisted on USD95.0/lb Ta2O5 for the same quantity early last week," said another trader in Brazil, who last sold about 1t at around USD95.0/lb Ta2O5 to a regular client in late March. They failed to conclude deals since then as they received no inquiry in the past two weeks. Discouraged by soft demand from downstream consumers, the trader remains pessimistic about the market next week and predicts that the price would decrease by around USD1.0/lb Ta2O5 in the following week.
The trader, with a regular monthly trading volume of 1t, expects to sell around 1t in April, the same as last month. They sold around 8t in 2022 and almost 2t so far in 2023. They hold no stock now, unchanged from last month.
