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Tellurium Supply Concerns Could Bode Well for Juniors
Friday, April 12, 2013 0:30
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Difficult financial markets and tellurium market overcapacity have kept prices for the metal in a holding pattern, despite earlier predictions of improved demand.
A large build up of tellurium inventory in the supply chain has kept prices in the range of $100 to $140 per kilogram for the past six to eight months, down significantly from early 2012, when prices sat at around $300. Current rates for US tellurium 99.9-percent have held steady at $135 to $145 per kilogram, while Rotterdam and Shanghai prices settled between $100 to $130 per kilogram and $159 to $167 per kilogram respectively, according to Metal-Pages data. Those prices are higher than the lows reached at the end of last year.
