Tantalum carbide prices decrease slightly in China
2015-01-30 08:54:40 [Print]
BEIJING (Asian Metal) 30 Jan 15 - According to insiders, Chinese tantalum carbide market still sees no improvement due to dim demand from cemented carbide industry. Mainstream prices for the tantalum carbide decrease slightly to RMB1,900-1,950/kg (USD304-312/kg), down by 50/kg (USD8/kg) from those of last week.
One producer in South China with an output of about one ton per month claimed that he there are rare deals of tantalum carbide concluded in the spot market, and even if there are buyers, the purchasing volume is just several dozens of kilogram. “There is no big deals in the market,” said the source, lowering his offer for tantalum carbide to RMB1,950/kg (USD312/kg), down by 50/kg (USD8/kg) from that of last week.
Referring to the future market, the source said that he is not willing to make procurement of raw materials at present as they receive rare orders from end users. “I think the prices for tantalum carbide will probably go down a little because of dim demand,” predicted the source.
A trader in South China noted that Chinese tantalum carbide market still sees no improvement these days. The source also noted that they haven’t received new orders from downstream users and demand both at home and abroad shows no signs of rebounding. Prices for the tantalum carbide decrease slightly to RMB1,900-1,950/kg (USD304-312/kg), down by 50/kg (USD8/kg) from those of last week.
The source thinks that the Chinese tantalum market will remain sluggish in the near term as demand from cemented carbide remains soft.
One producer in South China with an output of about one ton per month claimed that he there are rare deals of tantalum carbide concluded in the spot market, and even if there are buyers, the purchasing volume is just several dozens of kilogram. “There is no big deals in the market,” said the source, lowering his offer for tantalum carbide to RMB1,950/kg (USD312/kg), down by 50/kg (USD8/kg) from that of last week.
Referring to the future market, the source said that he is not willing to make procurement of raw materials at present as they receive rare orders from end users. “I think the prices for tantalum carbide will probably go down a little because of dim demand,” predicted the source.
A trader in South China noted that Chinese tantalum carbide market still sees no improvement these days. The source also noted that they haven’t received new orders from downstream users and demand both at home and abroad shows no signs of rebounding. Prices for the tantalum carbide decrease slightly to RMB1,900-1,950/kg (USD304-312/kg), down by 50/kg (USD8/kg) from those of last week.
The source thinks that the Chinese tantalum market will remain sluggish in the near term as demand from cemented carbide remains soft.
Tantalum Conc. Ta2O5 30%min CIF China
Unit:USD/lb Ta2O5
China tantalum metal producers' inventory to production ratio statistics by province by month
Unit: %
