Future demand is low earth remains under pressure

July 4 RE index was 317 points, compared with the highest point 1000 period fell 68.30 percent, compared with June 23, 2013 rose 300 points, the lowest point of 5.67%. Rare earth market since June and July from 2011 all the way to the landslide. Affected by weak demand, the rare earth market, it is still the overall downturn. In late June, seized by the Ganzhou Rare Earth private mining inventory impact of good news, obviously hold stocks bullish attitude, some rare earth products prices rebounded slightly, as of July 4, praseodymium price 390,000 yuan / ton, 10 days or 13.04% . Pr-Nd alloy rose 8.96%, praseodymium neodymium oxide or up to 12%. But did not improve the actual downstream demand, supply and demand is still the main factor restricting rare earth market. Liu Rui Star Analysts believe that despite the rare earth market integration, consolidation has intensified, but the downturn in demand makes the future price of rare earth remains under pressure.


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