July is expected to China's rare earth prices are still up space
- Details
- Category: Rare Earth News
- Published on Thursday, 01 August 2013 15:20
July, China's rare earth market price gains better, different product prices have increased. Heavy rare earth market rose rapidly, but the market offer more confusion, transactions in general. Major efforts by the state to combat the impact of private mines, short-term price or are still up space, but the industry wait and see atmosphere.
30, the light rare earth neodymium oxide, praseodymium behalf varieties mainstream manufacturers offer for 320,000 yuan -35 yuan / ton, on the 26th of 300,000 yuan -32 yuan / ton, compared with July 1 of 260,000 yuan -27 ten thousand yuan / ton price rose two percent. 30, represents the product of heavy rare earth dysprosium market price of 2,400 yuan -2600 yuan / kg, the 26th offer for 2000 yuan -2100 yuan / kg, 1 July offer for 1400 yuan -1450 yuan / kg, the rate of increase is very large.
According to the statistics of the 30 rare earth tariff, in June 2013 the export volume of 1,611 tons of rare earth, ring than 1,684 tons last month, a decrease of 4.3%. Rare earth industry to enter the off-season, the international demand has declined, but compared to last year, but still a substantial increase in export volume growth of neodymium oxide month high this month, exports of 28,355 tons, 14,179 tons from last month rose 99.98 percent year on year Last year, 122,284 tons reduced 76.81%, while the export volume of cerium oxide month 82,600 tons, 88,785 tons from last month fell by 6.97% year on year 5060 tons, up 1532.4 percent. Now that the domestic market has been in a rising state, and national efforts to deal with the private mine enhancements, most manufacturers market moves slow, transactions in general, watching doctrinal, expected next month export volume will be reduced.
Analysts believe that in July there are several rare earth market hot. One on earth purchasing and storage of messages, and the other is to focus on private investigation ore. Currently, due to thorough investigation, the downstream separation plant generally said rare earth mine get some separation plant had to cut or stop production, there are businessmen said that the current domestic formal separation plant operating rate also in three or four into, nor Ganna private enterprise mine. Rumors thorough investigation of the relevant state ministries and operations have been started in Ganzhou, causing widespread concern in rare earth industry. It is reported that thorough investigation into the header area action in August, then Sichuan, Guangdong and other regions. In the current situation, the state of rare earth crackdown increased, the latter rare earth market chaos will be greatly improved, rare earth prices will rise.
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