Chinese import tantalum concentrate prices to rise
2013-04-22 08:50:38 [Print]
BEIJING (Asian Metal) 22 Apr 13 - Although the tantalum downstream products keeps slow on currently, there are still plants wanting to replenish tantalum raw materials. Prices for tantalum concentrate in the international market are as firm as USD120/lb CIF China.
One supplier from Southeast Asia reported to Asian Metal that he is not willing to sell the tantalum ore now and he is optimistic about the future market. "I heard that there are several major tantalum and niobium plants from China coming here to take purchase of tantalum ore not long ago," said the source, noting that the consumers' prices are not bad. For the low grade tantalum ore, the prices are even sold as high as USD80/lb CIF China.
According to the source, who just signed a contract of about several containers with one plants, he will not sell in the following one month or two, as he thinks that the raw material prices will certainly go up sooner or later this year.
One source from domestic plant also confirmed that most of the market insiders have faith with the future tantalum metal market. "We are willing to place order of raw materials now," said the source, noting that although the tantalum products demand keeps slow currently.
According to the source, the tantalum concentrate prices are staying as firm at USD120/lb CIF China. "I think the prices are probably go up as high as USD130/lb in the following one month or two," added the source, with a monthly output of about 1-2t of metallurgical grade tantalum oxide.
One supplier from Southeast Asia reported to Asian Metal that he is not willing to sell the tantalum ore now and he is optimistic about the future market. "I heard that there are several major tantalum and niobium plants from China coming here to take purchase of tantalum ore not long ago," said the source, noting that the consumers' prices are not bad. For the low grade tantalum ore, the prices are even sold as high as USD80/lb CIF China.
According to the source, who just signed a contract of about several containers with one plants, he will not sell in the following one month or two, as he thinks that the raw material prices will certainly go up sooner or later this year.
One source from domestic plant also confirmed that most of the market insiders have faith with the future tantalum metal market. "We are willing to place order of raw materials now," said the source, noting that although the tantalum products demand keeps slow currently.
According to the source, the tantalum concentrate prices are staying as firm at USD120/lb CIF China. "I think the prices are probably go up as high as USD130/lb in the following one month or two," added the source, with a monthly output of about 1-2t of metallurgical grade tantalum oxide.