Tantalum and Niobium Market Report November 2012
2012-12-06 08:45:29 【Print】
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In November, prices for tantalum concentrate in the international market keep going up, and the prices have reached as high as USD140/lb, but Chinese tantalum concentrate prices are still stable at USD120-125/lb CIF China. Chinese smelters note that they still cannot accept raw materials at prices higher than USD120/lb due to all kinds of reasons, and the most important one is the major products with low added values. With the expand of the output of CBMM, which is the world’s largest niobium supplier, Chinese import prices of niobium concentrate go down from USD18-20/lb to USD17-19/lb CIF China.
With the raw materials prices going up, Chinese tantalum products producers also intend to raise their dealing prices to RMB2,300/kg (USD368/kg), while the actual transaction prices are still RMB2,150-2,200/kg (USD344-352/kg). Downstream consumers express that the end consumers cannot accept the higher prices.
Niobium products prices do not continue to go down with the falling prices of niobium concentrate, as the stock in the producers’ hand is produced by expensive raw materials. As a result, they have to keep their stocks considering the current downstream demand.
With the raw materials prices going up, Chinese tantalum products producers also intend to raise their dealing prices to RMB2,300/kg (USD368/kg), while the actual transaction prices are still RMB2,150-2,200/kg (USD344-352/kg). Downstream consumers express that the end consumers cannot accept the higher prices.
Niobium products prices do not continue to go down with the falling prices of niobium concentrate, as the stock in the producers’ hand is produced by expensive raw materials. As a result, they have to keep their stocks considering the current downstream demand.