Tantalum price softens on slowed Chinese buying

July 25, 2020 / www.metalbulletin.com / Article Link

The tantalum concentrate price was trading under pressure this week after Chinese buying started to slow down.

Fastmarkets assessed the price for tantalite, basis 25% min Ta2O5, cif China at $64-65 per lb on Friday July 24 - Fastmarkets first assessment of this price following an extended consultation - down from last week's $65-67 per lb. 

Tantalum prices had started to move up in April during the continued lockdowns in Central African countries imposed to control the spread of the Covid-19 pandemic, with buyers struggling to find cheap prompt units...

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