Chinese tantalum carbide market prices decrease
2023-04-24 08:40:01 [Print]
BEIJING (Asian Metal) 24 Apr 23 - As tantalum oxide prices decreased, Chinese tantalum carbide suppliers lowered their prices accordingly in the past week. The current mainstream prices of Chinese tantalum carbide decreased to RMB2,200-2,250/kg (USD319-326/kg) EXW D/P, down by RMB50/kg (USD7/kg) from early last week. As most consumers remain inactive in placing orders, insiders predict that the mainstream prices would decrease further in the coming week.
"As current tantalum oxide prices decreased to RMB1,800/kg (USD261/kg), we offer RMB2,250/kg (USD326/kg) EXW D/P for tantalum carbide and could accept RMB2,200/kg (USD319/kg) for orders no less than 100kg at present, while we insisted on RMB2,250/kg (USD326/kg) for the same quantity early last week," said a producer in South China, who refused an inquiry of 100kg at around RMB2,200/kg (USD319/kg) from a regular client early last week. They called the client again and finally sold about 100kg to the client at around RMB2,200/kg (USD319/kg) early this week as they received no other inquiry. Discouraged by inactive inquiries from downstream consumers, the producer plans to lower their price by around RMB20/kg (USD3/kg) next week and predicts that the mainstream prices would decrease by around RMB20/kg (USD3/kg) in the coming week.
With an annual production capacity of 24t, the producer would produce around 400kg in April, up by 200kg from last month. They produced nearly 7.4t in 2022 and around 0.9t so far in 2023. They hold around 300kg of stocks now, down by 100kg from last month.
A consumer in South China noted that discouraged by lower tantalum oxide prices, most of their regular suppliers quoted RMB2,250/kg (USD326/kg) EXW D/P for tantalum carbide and could accept could accept RMB2,200/kg (USD319/kg) for orders no less than 50kg today, while the most competitive price remained at around RMB2,250/kg (USD326/kg) for the same quantity when most suppliers quoted RMB2,300/kg (USD334/kg) early last week. "We last bought about 50kg at around RMB2,250/kg (USD326/kg) early last week," said the consumer, who plans to delay purchasing until mid-May. As most suppliers compete for limited orders, the consumer predicts that the mainstream prices would decrease by around RMB20/kg (USD3/kg) in the following week.
Based on an annual consumption capacity of 1t, the consumer would consume around 50kg in April, unchanged from last month. They consumed nearly 550kg in 2022 and almost 200kg so far in 2023. They hold about 50kg of stocks now, unchanged from last month.
"As current tantalum oxide prices decreased to RMB1,800/kg (USD261/kg), we offer RMB2,250/kg (USD326/kg) EXW D/P for tantalum carbide and could accept RMB2,200/kg (USD319/kg) for orders no less than 100kg at present, while we insisted on RMB2,250/kg (USD326/kg) for the same quantity early last week," said a producer in South China, who refused an inquiry of 100kg at around RMB2,200/kg (USD319/kg) from a regular client early last week. They called the client again and finally sold about 100kg to the client at around RMB2,200/kg (USD319/kg) early this week as they received no other inquiry. Discouraged by inactive inquiries from downstream consumers, the producer plans to lower their price by around RMB20/kg (USD3/kg) next week and predicts that the mainstream prices would decrease by around RMB20/kg (USD3/kg) in the coming week.
With an annual production capacity of 24t, the producer would produce around 400kg in April, up by 200kg from last month. They produced nearly 7.4t in 2022 and around 0.9t so far in 2023. They hold around 300kg of stocks now, down by 100kg from last month.
A consumer in South China noted that discouraged by lower tantalum oxide prices, most of their regular suppliers quoted RMB2,250/kg (USD326/kg) EXW D/P for tantalum carbide and could accept could accept RMB2,200/kg (USD319/kg) for orders no less than 50kg today, while the most competitive price remained at around RMB2,250/kg (USD326/kg) for the same quantity when most suppliers quoted RMB2,300/kg (USD334/kg) early last week. "We last bought about 50kg at around RMB2,250/kg (USD326/kg) early last week," said the consumer, who plans to delay purchasing until mid-May. As most suppliers compete for limited orders, the consumer predicts that the mainstream prices would decrease by around RMB20/kg (USD3/kg) in the following week.
Based on an annual consumption capacity of 1t, the consumer would consume around 50kg in April, unchanged from last month. They consumed nearly 550kg in 2022 and almost 200kg so far in 2023. They hold about 50kg of stocks now, unchanged from last month.
