Chinese metallurgical grade tantalum oxide price declines
2015-10-23 08:51:53 [Print]
BEIJING (Asian Metal) 23 Oct 15 - According to market participants, the metallurgical grade tantalum oxide market in China does not show any signs of rebounding and the mainstream prices are still going down to RMB1,250-1,300/kg (USD196-204/kg), down by about RMB20/kg (USD3/kg) compared with the prices last week. Consumers continued to delay purchases and the market will remain quiet in the near term.
One tantalum oxide producer from domestic market with an annual production capacity of 100t told Asian Metal that they focus on carrying out the former long-term orders to his consumers. There are almost no new orders coming, even though there are some inquiries from time to time. "Although there are some inquiries from consumers in the spot market, most consumers have no intention to place orders," said the source, adding that that they have no stocks at present.
Commenting on the market prices, the source said that their dealing prices of metallurgical grade tantalum oxide market are RMB1,250-1,300/kg (USD196-204/kg), down by RMB20/kg (USD3/kg) from those of last week. "I am not optimistic about the near future market," said the source.
A tantalum oxide consumer with a monthly consumption volume of 500kg also confirmed that the domestic metallurgical grade tantalum oxide market still sees rare deals, with the consumers showing no interest in making procurement of raw materials. “Most suppliers lowered their offer for metallurgical grade tantalum oxide to RMB1,250/kg (USD196/kg) at present and I heard that some traders even quote RMB1,200/kg (USD188/kg) by cash payment in the spot market,” said the source.
The source also noted that the tantalum capacitor industry still going slowly, and the capacitor grade tantalum powder demand keeps dim, so does the metallurgical grade tantalum oxide market. They prefer to refrain from making purchases to avoid the risk of declining prices.
One tantalum oxide producer from domestic market with an annual production capacity of 100t told Asian Metal that they focus on carrying out the former long-term orders to his consumers. There are almost no new orders coming, even though there are some inquiries from time to time. "Although there are some inquiries from consumers in the spot market, most consumers have no intention to place orders," said the source, adding that that they have no stocks at present.
Commenting on the market prices, the source said that their dealing prices of metallurgical grade tantalum oxide market are RMB1,250-1,300/kg (USD196-204/kg), down by RMB20/kg (USD3/kg) from those of last week. "I am not optimistic about the near future market," said the source.
A tantalum oxide consumer with a monthly consumption volume of 500kg also confirmed that the domestic metallurgical grade tantalum oxide market still sees rare deals, with the consumers showing no interest in making procurement of raw materials. “Most suppliers lowered their offer for metallurgical grade tantalum oxide to RMB1,250/kg (USD196/kg) at present and I heard that some traders even quote RMB1,200/kg (USD188/kg) by cash payment in the spot market,” said the source.
The source also noted that the tantalum capacitor industry still going slowly, and the capacitor grade tantalum powder demand keeps dim, so does the metallurgical grade tantalum oxide market. They prefer to refrain from making purchases to avoid the risk of declining prices.
Tantalum Pentoxide 99.5%min EXW China
Unit:RMB/kg
China tantalum oxide producers' inventory to production ratio statistics by province by month
Unit: %
