Niobium Prices in 2025 Rally Then Retreat as Supply-Demand Dynamics Reshape Market Landscape [SMM Analysis]
[Niobium Prices in 2025 Rally Then Retreat as Supply-Demand Dynamics Reshape Market Landscape] In 2025, niobium prices experienced a volatile trajectory characterized by an initial rally, followed by a correction, and then a stabilization—shaped first by geopolitical-driven sentiment, then by shifts in global supply-demand dynamics and downstream demand fluctuations, and finally by mild year-end supply tightness that sparked short-term adjustment expectations. The industry exhibited clear features of upstream resource concentration and downstream demand divergence.