US Carbonyl Iron Powder Market Softens 0.2% Amid Steady End-User Demand

The Carbonyl Iron import market in the USA started off the year **** with a softening of spot price levels. The January market dynamics reflected both supply and demand factors converging on the near-term mechanical and electronic components to be shipped from Germany or Japan by either export-focused producers in those areas who are producing Carbonyl Iron at their regular output levels so as to maintain an uninterrupted supply of both medical- grade and electronics-grade powders; and the beginning of ocean freight&#**;s re-opening eastbound from Shanghai (the Shanghai-based index has dropped approximately six percent) thus reducing logistical premiums although by only case, on landed cost, in the USA; and by adding additional competitive suppliers, as Indian suppliers have provided competitive quotes for dietary-grade Carbonyl Iron to buyers, thereby making the marketplace very competitive for all buyers. Domestic consumption has remained stable with pharmaceutical firms and supplement companies...