Chinese average grade niobium oxide market stable
2012-02-21 09:58:16 [Print]
BEIJING (Asian Metal) 21 Feb 12 – Average grade niobium oxide market keeps stable in China with both demand and prices going steadily this week. Sources reported to Asian Metal that the prevailing prices of average grade tantalum oxide still stay at RMB380-400/kg (USD60-63/kg), unchanged from the prices in the last week.
A producer from South China, with an output of about 3-4t per month, shared with Asian Metal that the average grade niobium oxide market at the present time is keeping stable, with the prevailing prices staying at RMB380-400/kg (USD60-63/kg), which has lasted through this whole month. “We are now still carrying orders to the long-term consumers,” disclosed the source. “Demand keeps stable, which is the major support of the firm prices of average grade niobium oxide.”
The source said that he thought the average grade niobium oxide market in China will continue to be stable in the coming month when he is asked the market trend yesterday. “I think the prices will not fluctuate greatly in the near future, either,” added the source.
Another producer also from South China reported to Asian Metal that Chinese average grade niobium oxide market keeps stable with consumers purchasing regularly at the prices of about RMB380-400/kg (USD60-63/kg), while the long term order prices were a little lower than the spot market prices. “We are now not only selling to the regular consumers, but also selling in the spot market,” said the source, with a monthly output of about 4-5t.
“Demand from the cemented carbide industry is not good, but demand from the niobium bar industry keeps strong from the end of last year,” explained the source. “The niobium market is obviously more active than the tantalum market,” added the source.
A producer from South China, with an output of about 3-4t per month, shared with Asian Metal that the average grade niobium oxide market at the present time is keeping stable, with the prevailing prices staying at RMB380-400/kg (USD60-63/kg), which has lasted through this whole month. “We are now still carrying orders to the long-term consumers,” disclosed the source. “Demand keeps stable, which is the major support of the firm prices of average grade niobium oxide.”
The source said that he thought the average grade niobium oxide market in China will continue to be stable in the coming month when he is asked the market trend yesterday. “I think the prices will not fluctuate greatly in the near future, either,” added the source.
Another producer also from South China reported to Asian Metal that Chinese average grade niobium oxide market keeps stable with consumers purchasing regularly at the prices of about RMB380-400/kg (USD60-63/kg), while the long term order prices were a little lower than the spot market prices. “We are now not only selling to the regular consumers, but also selling in the spot market,” said the source, with a monthly output of about 4-5t.
“Demand from the cemented carbide industry is not good, but demand from the niobium bar industry keeps strong from the end of last year,” explained the source. “The niobium market is obviously more active than the tantalum market,” added the source.
Niobium Pentoxide 99.99%min EXW China
Unit:RMB/kg
China niobium oxide producers' inventory to production ratio statistics by province by month
Unit: %
