Chinese tantalum carbide market quiet
2023-03-15 08:30:51 [Print]
BEIJING (Asian Metal) 15 Mar 23 - As most consumers remained cautious in placing orders, Chinese tantalum carbide market remained quiet in the past week. The mainstream prices of Chinese tantalum carbide hover at RMB2,500-2,550/kg (USD363-371/kg) EXW D/P at present, unchanged from early last week. As most suppliers compete for limited orders, insiders predict that the mainstream prices would decrease slightly in the coming week.
A producer in South China claimed that discouraged by weak demand from end users, the market remained quiet with rare deals concluded. They quote RMB2,500/kg (USD363/kg) EXW D/P for tantalum carbide and could accept no counteroffers at the moment, unchanged from early last week. "We failed to conclude any deals after we last sold about 100kg at around RMB2,500/kg (USD363/kg) to a regular client early last week," said the producer, who received one inquiry so far this week, while they received two inquiries last week. As most consumers remain inactive in sending inquiries, 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.
The producer, with an annual production capacity of 100t, expects to produce around 1t in March, up by 0.5t MoM. They produced nearly 11t in 2022 and almost 2t so far in 2023. They hold around 0.3t of stocks now, down by 0.1t from last month.
"As most clients remain cautious in placing orders, the market seems quiet again since early this week," said another producer in South China, who offers RMB2,550/kg (USD371/kg) EXW D/P for tantalum carbide and could accept RMB2,500/kg (USD363/kg) for orders no less than 100kg at present, the same as early last week. They received two inquiries early last week, while they received no inquiry after they last sold about 100kg to a regular client at around RMB2,500/kg (USD363/kg) late last week. Discouraged by weak demand from downstream consumers, the producer has no confidence in the market next week and predicts that the mainstream prices would decrease by around RMB20/kg (USD3/kg) in the following week.
With an annual production capacity of 24t, the producer would produce around 200kg in March, unchanged from last month. They produced nearly 7.4t in 2022 and around 0.6t so far in 2023. They hold around 0.4t of stocks now, down by 0.1t from last month.
A producer in South China claimed that discouraged by weak demand from end users, the market remained quiet with rare deals concluded. They quote RMB2,500/kg (USD363/kg) EXW D/P for tantalum carbide and could accept no counteroffers at the moment, unchanged from early last week. "We failed to conclude any deals after we last sold about 100kg at around RMB2,500/kg (USD363/kg) to a regular client early last week," said the producer, who received one inquiry so far this week, while they received two inquiries last week. As most consumers remain inactive in sending inquiries, 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.
The producer, with an annual production capacity of 100t, expects to produce around 1t in March, up by 0.5t MoM. They produced nearly 11t in 2022 and almost 2t so far in 2023. They hold around 0.3t of stocks now, down by 0.1t from last month.
"As most clients remain cautious in placing orders, the market seems quiet again since early this week," said another producer in South China, who offers RMB2,550/kg (USD371/kg) EXW D/P for tantalum carbide and could accept RMB2,500/kg (USD363/kg) for orders no less than 100kg at present, the same as early last week. They received two inquiries early last week, while they received no inquiry after they last sold about 100kg to a regular client at around RMB2,500/kg (USD363/kg) late last week. Discouraged by weak demand from downstream consumers, the producer has no confidence in the market next week and predicts that the mainstream prices would decrease by around RMB20/kg (USD3/kg) in the following week.
With an annual production capacity of 24t, the producer would produce around 200kg in March, unchanged from last month. They produced nearly 7.4t in 2022 and around 0.6t so far in 2023. They hold around 0.4t of stocks now, down by 0.1t from last month.
