American tantalum metal market sees active inquiries
2023-03-10 11:53:49 [Print]
BEIJING (Asian Metal) 10 Mar 23 - Encouraged by strong demand from downstream consumers, American tantalum metal market witnessed active inquiries in the past week. The current mainstream prices of American tantalum metal 99.95%min increased to USD375-385/kg D/P, up by USD5/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.
A trader in the U.S. claimed that they received two inquiries this week, while they received only one inquiry last week. They quote USD385/kg D/P for tantalum metal 99.95%min and could accept USD380/kg for orders no less than 1t at present, while they could accept USD375/kg for the same quantity when they offered USD380/kg early last week. "We last sold around 1t at around USD375/kg to a regular client early last week," said the trader. As most downstream consumers remain active in sending inquiries, the trader plans to raise their price by around USD5/kg next week and predicts that the mainstream prices would increase by about USD5/kg in the coming week.
The trader, based on a regular monthly trading volume of 5t, expects to sell around 5t in March, unchanged from last month. They sold nearly 53t in 2022 and almost 12t so far in 2023. They hold around 2t of stocks now, unchanged from February.
"We received one inquiry this week, while we received no inquiry last week," said another trader in the U.S., who offers USD380/kg D/P for tantalum metal 99.95%min and could accept no counteroffers at the moment, while they could accept USD375/kg D/P for orders no less than 500kg when they quoted USD380/kg early last week. They just sold about 500kg to a regular client at around USD380/kg early this week. Encouraged by active inquiries from consumers, the trader regains confidence in the market next week and predicts that the mainstream price would increase by around USD5/kg in the following week.
With a regular monthly trading volume of 1t, the trader would sell around 1t in March, unchanged from last month. They sold nearly 11t in 2022 and around 2t so far in 2023. They hold no stock now, unchanged from last month.
A trader in the U.S. claimed that they received two inquiries this week, while they received only one inquiry last week. They quote USD385/kg D/P for tantalum metal 99.95%min and could accept USD380/kg for orders no less than 1t at present, while they could accept USD375/kg for the same quantity when they offered USD380/kg early last week. "We last sold around 1t at around USD375/kg to a regular client early last week," said the trader. As most downstream consumers remain active in sending inquiries, the trader plans to raise their price by around USD5/kg next week and predicts that the mainstream prices would increase by about USD5/kg in the coming week.
The trader, based on a regular monthly trading volume of 5t, expects to sell around 5t in March, unchanged from last month. They sold nearly 53t in 2022 and almost 12t so far in 2023. They hold around 2t of stocks now, unchanged from February.
"We received one inquiry this week, while we received no inquiry last week," said another trader in the U.S., who offers USD380/kg D/P for tantalum metal 99.95%min and could accept no counteroffers at the moment, while they could accept USD375/kg D/P for orders no less than 500kg when they quoted USD380/kg early last week. They just sold about 500kg to a regular client at around USD380/kg early this week. Encouraged by active inquiries from consumers, the trader regains confidence in the market next week and predicts that the mainstream price would increase by around USD5/kg in the following week.
With a regular monthly trading volume of 1t, the trader would sell around 1t in March, unchanged from last month. They sold nearly 11t in 2022 and around 2t so far in 2023. They hold no stock now, unchanged from last month.
