Brazilian columbite suppliers optimistic about the export market
2023-03-24 10:27:30 [Print]
BEIJING (Asian Metal) 24 Mar 23 - As most downstream consumers remained active in sending inquiries, Brazilian columbite suppliers remained optimistic about the export market in the past week. The current mainstream export prices for Brazilian columbite 50%min increased to USD17.0-17.5/lb Oxides FOB Brazil, up by USD0.5/lb Oxides from early last week. As most suppliers have confidence in the market, insiders predict that the Brazilian columbite export prices would increase further in the coming week.
"Encouraged by active inquiries from downstream consumers, we remain optimistic about the market," said a trader in Brazil, adding that they received three inquiries this week, while they received two inquiries last week. They offer USD17.5/lb Oxides FOB Brazil for columbite 50%min and could accept USD17.0/lb Oxides for orders no less than 20t at present, while they could accept USD16.5/lb Oxides for the same quantity when they quoted USD17.0/lb Oxides early last week. They last sold around 20t to a regular client at about USD16.5/lb Oxides early last week. Encouraged by active inquiries from downstream consumers, the trader plans to raise their price by around USD0.2/lb Oxides next week and predicts that the mainstream prices would increase by around USD0.2/lb Oxides in the coming week.
The trader, with a regular monthly trading volume of 20t, expects to sell around 20t in March, unchanged from last month. They sold nearly 300t in 2022 and around 80t so far in 2023. They hold around 20t of stocks now, unchanged from last month.
Another trader in Brazil noted that considering strong demand from downstream clients, they have confidence in the market. They quote USD18.0/lb Oxides FOB Brazil for columbite 50%min and could accept USD17.5/lb Oxides for orders no less than 20t at present, while they could accept USD17.0/lb Oxides for the same quantity when they offered USD17.5/lb Oxides early last week. "We received two inquiries this week, while we received only one inquiry in total last week," said the trader, who last sold around 20t to a regular client at about USD17.0/lb Oxides in early March. As most downstream consumers worry about the supply and remain active in sending inquiries, the trader remains optimistic about the market next week and predicts that the mainstream prices would increase by around USD0.2/lb Oxides in the following week.
Based on a regular monthly trading volume of 20t, the trader would sell around 20t in March, unchanged from last month. They sold nearly 120t in 2022 and around 50t so far in 2023. They hold no stock now, the same as last month.
"Encouraged by active inquiries from downstream consumers, we remain optimistic about the market," said a trader in Brazil, adding that they received three inquiries this week, while they received two inquiries last week. They offer USD17.5/lb Oxides FOB Brazil for columbite 50%min and could accept USD17.0/lb Oxides for orders no less than 20t at present, while they could accept USD16.5/lb Oxides for the same quantity when they quoted USD17.0/lb Oxides early last week. They last sold around 20t to a regular client at about USD16.5/lb Oxides early last week. Encouraged by active inquiries from downstream consumers, the trader plans to raise their price by around USD0.2/lb Oxides next week and predicts that the mainstream prices would increase by around USD0.2/lb Oxides in the coming week.
The trader, with a regular monthly trading volume of 20t, expects to sell around 20t in March, unchanged from last month. They sold nearly 300t in 2022 and around 80t so far in 2023. They hold around 20t of stocks now, unchanged from last month.
Another trader in Brazil noted that considering strong demand from downstream clients, they have confidence in the market. They quote USD18.0/lb Oxides FOB Brazil for columbite 50%min and could accept USD17.5/lb Oxides for orders no less than 20t at present, while they could accept USD17.0/lb Oxides for the same quantity when they offered USD17.5/lb Oxides early last week. "We received two inquiries this week, while we received only one inquiry in total last week," said the trader, who last sold around 20t to a regular client at about USD17.0/lb Oxides in early March. As most downstream consumers worry about the supply and remain active in sending inquiries, the trader remains optimistic about the market next week and predicts that the mainstream prices would increase by around USD0.2/lb Oxides in the following week.
Based on a regular monthly trading volume of 20t, the trader would sell around 20t in March, unchanged from last month. They sold nearly 120t in 2022 and around 50t so far in 2023. They hold no stock now, the same as last month.
