Metallurgical grade tantalum oxide price on the decline in China
2015-09-15 09:24:23 [Print]
BEIJING (Asian Metal) 15 Sep 15 - In line with the downward trend of tantalum concentrate price, the mainstream prices of metallurgical grade tantalum oxide slid to about RMB1,290-1,340/kg (USD203-210/kg), down by about RMB10/kg (USD1.6/kg) compared with those of last week. Market participants also reported that demand from the downstream industries is still soft and they are pessimistic about the future market.
A producer with a production capacity of about 5tpm in South China told Asian Metal that the mainstream prices of metallurgical grade tantalum oxide slid to about RMB1,290-1,340/kg (USD203-210/kg), down by about RMB10/kg (USD1.6/kg) from those of last week. But most consumers refuse to accept this offer. He also expressed that the competition among metallurgical grade tantalum oxide suppliers is fierce, and some small producers who face capital pressures even offer at around RMB1,280/kg (USD201/kg) by cash payment.
At the same time, the source said that demand from tantalum metal and alloy industry keeps soft affected by the sluggish domestic economy. Therefore, he is pessimistic about the future market of metallurgical grade tantalum oxide. They will arrange production according to orders instead of holding much stock at present.
Another producer in South China with an output of 2tpm confirmed that metallurgical grade tantalum oxide prices are on the decline in domestic market. “The offers from major producers are around RMB1,300/kg (USD204/kg) or higher, and RMB1,290/kg (USD203/kg) from small ones, down by RMB10/kg (USD1.6/kg) from that of last week,” said the source, adding that they hold one ton of stock at the moment.
The source complained that demand from downstream industry remains weak and they have not concluded any deals for nearly half a month. He predicted that metallurgical grade tantalum oxide price will keep decreasing due to the downward tendency of tantalum concentrate price and poor demand from end users.
A producer with a production capacity of about 5tpm in South China told Asian Metal that the mainstream prices of metallurgical grade tantalum oxide slid to about RMB1,290-1,340/kg (USD203-210/kg), down by about RMB10/kg (USD1.6/kg) from those of last week. But most consumers refuse to accept this offer. He also expressed that the competition among metallurgical grade tantalum oxide suppliers is fierce, and some small producers who face capital pressures even offer at around RMB1,280/kg (USD201/kg) by cash payment.
At the same time, the source said that demand from tantalum metal and alloy industry keeps soft affected by the sluggish domestic economy. Therefore, he is pessimistic about the future market of metallurgical grade tantalum oxide. They will arrange production according to orders instead of holding much stock at present.
Another producer in South China with an output of 2tpm confirmed that metallurgical grade tantalum oxide prices are on the decline in domestic market. “The offers from major producers are around RMB1,300/kg (USD204/kg) or higher, and RMB1,290/kg (USD203/kg) from small ones, down by RMB10/kg (USD1.6/kg) from that of last week,” said the source, adding that they hold one ton of stock at the moment.
The source complained that demand from downstream industry remains weak and they have not concluded any deals for nearly half a month. He predicted that metallurgical grade tantalum oxide price will keep decreasing due to the downward tendency of tantalum concentrate price and poor demand from end users.
Tantalum Pentoxide 99.5%min EXW China
Unit:RMB/kg
China tantalum oxide producers' inventory to production ratio statistics by province by month
Unit: %
