Japanese imports of Chinese rare earth still increase the proportion of

2010 occurred in the days after the collision, China has in fact stopped rare earth exports to Japan, Japan's purchases increased risk. Japanese trading companies and manufacturers began magnets from rare earths outside of China procurement, but in 2011 after the companies continue to reduce the amount of rare earths used, appears to reduce domestic demand in Japan. The Chinese domestic excess capacity exists, so the total Japanese imports, accounting for the increase in the domestic rare earth.

2013 January-April, compared with Japan's rare earth imports increased by 19% over the same period last year, reaching 4,300 tons. Among them, the domestic rare earth 63% over the previous year increased 11 percent. In China, the import of a large amount of rare earth production in France and Vietnam, and these are mostly rare earth from China sourcing processed products, so many ideas that actually made in China, Japan, rare earth accounted for 80% of total imports.

The reason why the proportion of domestic rare earth rise, a company specializing in Japanese companies that trade in rare earth because "carry a large inventory of local producers of low sales." China is both a producer of rare earth demand for the country, due to the production exceeds demand, expanding exports.

Neodymium (for magnets) in Chinese export prices in five bottom around $ 77 per kg. And dysprosium (used to keep magnetic) is about $ 575 per kilogram. Respectively, compared with April fell by 4%, compared with July 2011's highs above 80%. Neodymium hit two years and eight month low, while the dysprosium hit two years and three month low.

Through initiatives such as the adoption of alternatives, Japan's domestic demand for rare earths stagnation phenomenon is very prominent. According to the Japan New Metals Association statistics show that in 2012 demand for rare earths in Japan was 1.45 million tons, 31% less than the previous year. Abrasives such as cerium, the demand to reduce the usage. The appliance also continue to use the motor without using rare earth magnet products.

Currently, there are also views that the demand for rare earths has recovered. For example neodymium magnets, magnet alloy manufacturer Showa Denko called "Japanese manufacturers are increasing purchases." January to April, compared with the previous year, imports grew 19%, but compared to a peak of 2008, still down by 65%.

In mid-June has been reported that Toyota Tsusho in India will start in autumn 2013 rare trial production. In this regard, Japan Rare user said: "Even though India is currently producing rare earth out and useless."

India is emerging rare earths producer. Toyota Tsusho will supply the raw materials of the Indian government-owned enterprises, the Indian Rare Earth (Indian Rare Earths Ltd) cooperation. The original plan in 2013 to an earlier time to start trial production, but because of negotiated procurement of raw materials prices have failed, expected production time will be postponed to November 2013.

In addition, the U.S. molybdenum mining company (Molycorp Inc.) Are in fact lowered the production plan. The original plan in 2013 will have annual production capacity to 40,000 tons, but the company Japanese corporation, said: "Order has not increased, it can not increase production equipment."

World demand for rare earths is still growing, many Japanese view that "the necessity to increase the sources of procurement has not changed." According to industry speculated that 2013 demand will be approximately 100,007 tonnes, an increase of 7% over 12 years.

To promote rare metals and rare earth mineral resources development, the Japanese Ministry of Economy in 2013 accrued annual budget of 88 billion yen, but in China, the supply is expected in 2013 will exceed demand. A rare earth trading company in Japan, said: "If the sources of procurement to further increase, it will only lead to oversupply."


Rare Earth Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Tungsten News & Tungsten Prices, WML Version: http://m.chinatungsten.com

• < Prev
• Next >