European tantalite market sees rare deals
2024-03-22 09:46:32 [Print]
BEIJING (Asian Metal) 22 Mar 24 - As most consumers remained inactive in sending inquiries, European tantalite market witnessed rare deals in the past week. The mainstream prices of European tantalite 30%min hover at USD85-87/lb Ta2O5 in warehouse Rotterdam at present, unchanged from early last week. As most suppliers stay in no hurry to sell due to limited supply, insiders predict that the mainstream prices would remain stable in the coming week.
A trader in Europe claimed that they failed to conclude any deals after they last sold around 20t at about USD83/lb Ta2O5 to a regular client in early March. "We quote USD85/lb Ta2O5 in warehouse Rotterdam for tantalite 30%min and could accept no counteroffers at present, unchanged from early last week", said the trader, who received no inquiry this week, while they received two inquiries in total last week. Considering tight supply and watchful attitudes from downstream clients, the trader plans to hold their price stable next week and predicts that the mainstream prices would remain unchanged in the coming week.
With a regular monthly trading volume of 20t, the trader would sell around 20t in March, the same as last month. They sold around 150t in 2022 and almost 200t in 2023. They hold around 5t of stocks now, down by 5t from last month.
"We last sold around 5t at about USD85/lb Ta2O5 to a regular client early last week and concluded no new deals since then", said another trader in Europe, who would like to sell tantalite 30%min at around USD86/lb Ta2O5 in warehouse Rotterdam and could accept USD85/lb Ta2O5 for orders no less than 5t at present, the same as early last week. They received one inquiry this week, while they received three inquiries in total last week. Although most downstream consumers remain inactive in sending inquiries, the trader stays in no hurry to sell at low prices next week as they face no pressures for stocks and predicts that the mainstream prices would keep stable in the following week.
With a regular monthly trading volume of 10t, the trader sold nearly 120t in 2022 and almost 100t in 2023. They hold around 5t of stocks now, down by 5t MoM. They expect to sell around 10t in March, the same as last month.
A trader in Europe claimed that they failed to conclude any deals after they last sold around 20t at about USD83/lb Ta2O5 to a regular client in early March. "We quote USD85/lb Ta2O5 in warehouse Rotterdam for tantalite 30%min and could accept no counteroffers at present, unchanged from early last week", said the trader, who received no inquiry this week, while they received two inquiries in total last week. Considering tight supply and watchful attitudes from downstream clients, the trader plans to hold their price stable next week and predicts that the mainstream prices would remain unchanged in the coming week.
With a regular monthly trading volume of 20t, the trader would sell around 20t in March, the same as last month. They sold around 150t in 2022 and almost 200t in 2023. They hold around 5t of stocks now, down by 5t from last month.
"We last sold around 5t at about USD85/lb Ta2O5 to a regular client early last week and concluded no new deals since then", said another trader in Europe, who would like to sell tantalite 30%min at around USD86/lb Ta2O5 in warehouse Rotterdam and could accept USD85/lb Ta2O5 for orders no less than 5t at present, the same as early last week. They received one inquiry this week, while they received three inquiries in total last week. Although most downstream consumers remain inactive in sending inquiries, the trader stays in no hurry to sell at low prices next week as they face no pressures for stocks and predicts that the mainstream prices would keep stable in the following week.
With a regular monthly trading volume of 10t, the trader sold nearly 120t in 2022 and almost 100t in 2023. They hold around 5t of stocks now, down by 5t MoM. They expect to sell around 10t in March, the same as last month.
