Fastmarkets assessed the price of tantalite, basis 25% min Ta2O5, cif China
at $56-57.75 per lb on Friday, down from $57-59 per lb a week earlier and down from its year-to-date high of $65-68 per lb in May. The market is now trading at its lowest level so far this year.
Tantalum is mainly used in high-performance capacitors for electronic equipment, ranging from consumer electronics to home appliances, electronic systems in cars and wind turbines producing electricity.
Although the capacitor market is expected to see positive growth amid an ongoing drive for electrification, it has seen a slowdown amid the Covid-19 pandemic, market sources said.
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