Chinese tantalum oxide consumers remain active in sending inquiries
2023-03-02 08:29:44 [Print]
BEIJING (Asian Metal) 2 Mar 23 - As most consumers worried about the supply, Chinese tantalum oxide market witnessed inactive inquiries in the past week. The current mainstream prices of Chinese tantalum oxide 99.5%min rose to RMB2,000-2,050/kg (USD290-298/kg) EXW D/P, up by RMB40/kg (USD6/kg) from early last week. As most suppliers stay in no hurry to sell, insiders predict that the mainstream prices would increase further in the coming week.
"We called three suppliers for the market so far this week, while we called only two suppliers last week," said a consumer in South China, adding that most of their regular suppliers offer RMB2,100/kg (USD304/kg) EXW D/P for tantalum oxide 99.5%min and could accept RMB2,050/kg (USD297/kg) for orders no less than 1t at present, while the most competitive price remained at around RMB2,010/kg (USD291/kg) for the same quantity when they quoted RMB2,050/kg (USD297/kg) early last week. They just bought about 1t at around RMB2,050/kg (USD298/kg) yesterday as they failed to collect any materials at the target price of RMB2,000/kg (USD290/kg) last week. Encouraged by increased tantalite prices, most suppliers remain optimistic about the market and the consumer predicts that the mainstream prices would increase by around RMB20/kg (USD3/kg) in the coming week.
Based on an annual consumption capacity of 36t, the consumer consumed around 1t in February, up by 0.7t from last month. They consumed nearly 2.5t in 2021 and almost 6.4t in 2022. They hold around 1t of stock now, unchanged from last month.
A consumer in North China noted that they called two suppliers for the material so far this week, while they called one supplier last week. Most suppliers quote RMB2,080/kg (USD303/kg) EXW D/P for tantalum oxide 99.5%min and could accept RMB2,040/kg (USD297/kg) for orders no less than 1t now, while they could purchase at around RMB2,000/kg (USD290/kg) for the same quantity when most suppliers quoted RMB2,050/kg (USD298/kg) early last week. "We last bought around 1t at about RMB2,000/kg (USD290/kg) in mid-February," said the consumer, who failed to purchase any materials at the same price level since then. As most suppliers stay in no hurry to sell, the consumer predicts that the mainstream prices would increase by around RMB20/kg (USD3/kg) in the following week.
With an annual consumption capacity of 30t, the consumer consumed around 1t in February, unchanged from last month. They consumed around 15t in 2021 and almost 18t in 2022. They hold around 2t of stocks in hand, unchanged from last month.
"We called three suppliers for the market so far this week, while we called only two suppliers last week," said a consumer in South China, adding that most of their regular suppliers offer RMB2,100/kg (USD304/kg) EXW D/P for tantalum oxide 99.5%min and could accept RMB2,050/kg (USD297/kg) for orders no less than 1t at present, while the most competitive price remained at around RMB2,010/kg (USD291/kg) for the same quantity when they quoted RMB2,050/kg (USD297/kg) early last week. They just bought about 1t at around RMB2,050/kg (USD298/kg) yesterday as they failed to collect any materials at the target price of RMB2,000/kg (USD290/kg) last week. Encouraged by increased tantalite prices, most suppliers remain optimistic about the market and the consumer predicts that the mainstream prices would increase by around RMB20/kg (USD3/kg) in the coming week.
Based on an annual consumption capacity of 36t, the consumer consumed around 1t in February, up by 0.7t from last month. They consumed nearly 2.5t in 2021 and almost 6.4t in 2022. They hold around 1t of stock now, unchanged from last month.
A consumer in North China noted that they called two suppliers for the material so far this week, while they called one supplier last week. Most suppliers quote RMB2,080/kg (USD303/kg) EXW D/P for tantalum oxide 99.5%min and could accept RMB2,040/kg (USD297/kg) for orders no less than 1t now, while they could purchase at around RMB2,000/kg (USD290/kg) for the same quantity when most suppliers quoted RMB2,050/kg (USD298/kg) early last week. "We last bought around 1t at about RMB2,000/kg (USD290/kg) in mid-February," said the consumer, who failed to purchase any materials at the same price level since then. As most suppliers stay in no hurry to sell, the consumer predicts that the mainstream prices would increase by around RMB20/kg (USD3/kg) in the following week.
With an annual consumption capacity of 30t, the consumer consumed around 1t in February, unchanged from last month. They consumed around 15t in 2021 and almost 18t in 2022. They hold around 2t of stocks in hand, unchanged from last month.
