American yttrium oxide market sees stable prices
2024-04-30 11:34:04 [Print]
BEIJING (Asian Metal) 30 Apr 24 - Although buyers purchased inactively, American yttrium oxide 99.999%min suppliers complained about thin margins and held prices steady over the past week. As a consequence, the current yttrium oxide 99.999%min mainstream prices in America hover at USD7.5-8.0/kg at American ports, in line with one week ago. In view that suppliers still prefer to hold stocks rather than lower prices, insiders predict that the American yttrium oxide 99.999%min market would witness further stable prices in the upcoming week.
An American trader claims that he holds yttrium oxide 99.999%min quotation firm at about RMB8.5/kg at American ports and considers selling at around USD7.8/kg and USD7.5/kg for orders no less than one ton and three tons respectively, the same as one week ago. He last sold three tons at about USD7.5/kg one week ago. "I failed to receive any yttrium oxide 99.999%min inquiries over the past week but already face difficulty in gaining profits at current price levels and prefer to hold stocks rather than make concession on prices," said the trader. In view that suppliers refuse to lower prices, he predicts that the American yttrium oxide 99.999%min market would witness further stable prices in the coming week.
With a typical monthly trading volume of around eight tons of yttrium oxide 99.999%min, the trader sold about 40t so far this year, compared with approximately 100t last year. His sales volume in April records at around 10t, up by five tons MoM. He holds an inventory of around five tons now, a decrease of 10t MoM.
An American buyer discloses that his regular yttrium oxide 99.999%min suppliers still quote about USD8.0/kg at American ports for him at the moment. According to his experience, he could replenish stocks at about USD7.5/kg now, the same as one week ago. He concluded his latest procurement late last month, when he bought 10t at around USD7.5/kg. "Owing to the abundant supply and flat prices, I held a wait-and-see attitude over the past month and still has no plan to rebuild inventory in the coming week," said the buyer, who couldn't bargain for cheaper prices from suppliers and forecast that the yttrium oxide 99.999%min mainstream prices in America would keep standing at current levels in the coming week.
The buyer, with a regular monthly purchase volume of around nine tons of yttrium oxide 99.999%min, didn't buy in April, down by 10t MoM. His purchase volumes in 2023 and so far in 2024 record at approximately 90t and 30t respectively. He has around 10t of stocks now, down by 10t MoM.
An American trader claims that he holds yttrium oxide 99.999%min quotation firm at about RMB8.5/kg at American ports and considers selling at around USD7.8/kg and USD7.5/kg for orders no less than one ton and three tons respectively, the same as one week ago. He last sold three tons at about USD7.5/kg one week ago. "I failed to receive any yttrium oxide 99.999%min inquiries over the past week but already face difficulty in gaining profits at current price levels and prefer to hold stocks rather than make concession on prices," said the trader. In view that suppliers refuse to lower prices, he predicts that the American yttrium oxide 99.999%min market would witness further stable prices in the coming week.
With a typical monthly trading volume of around eight tons of yttrium oxide 99.999%min, the trader sold about 40t so far this year, compared with approximately 100t last year. His sales volume in April records at around 10t, up by five tons MoM. He holds an inventory of around five tons now, a decrease of 10t MoM.
An American buyer discloses that his regular yttrium oxide 99.999%min suppliers still quote about USD8.0/kg at American ports for him at the moment. According to his experience, he could replenish stocks at about USD7.5/kg now, the same as one week ago. He concluded his latest procurement late last month, when he bought 10t at around USD7.5/kg. "Owing to the abundant supply and flat prices, I held a wait-and-see attitude over the past month and still has no plan to rebuild inventory in the coming week," said the buyer, who couldn't bargain for cheaper prices from suppliers and forecast that the yttrium oxide 99.999%min mainstream prices in America would keep standing at current levels in the coming week.
The buyer, with a regular monthly purchase volume of around nine tons of yttrium oxide 99.999%min, didn't buy in April, down by 10t MoM. His purchase volumes in 2023 and so far in 2024 record at approximately 90t and 30t respectively. He has around 10t of stocks now, down by 10t MoM.
