Downstream start recovery of rare earth prices ushered in a big rebound

Downstream start to restore Qi Cheng rare single month on individual species or nearly 80%

July, the domestic rare earth prices ushered in a big rebound, some species appear retaliatory rise. Among them, Dy alloy rose 79.31%, up 78.57% dysprosium, neodymium and praseodymium oxides also rose by 25.93%.

Lanthanum, cerium, praseodymium neodymium rare earth is the most common varieties. Thus, praseodymium neodymium oxide prices represent nearly 26 percent of rare earth sector price level.

Rare earth prices is the policy behind the main role. Late June, the main producing areas Ganzhou Rare Earth began to crack down the illegal exploitation of rare earth, traders took the opportunity to push up the market stockpile. After the Spring Festival this year, Ganzhou, Guangdong Province began to strike hard against the smuggling problem, compared to the past economic sanctions, now mostly involved in criminal level. In addition, when the industry chain upstream profits reunification, private mining impulse is reduced.

In addition, demand for rare earths has improved over last year also pushed up prices. Three percent compared to last year's operating rate, currently mostly recovered downstream enterprises operating rate to Qi Cheng levels, mainly in the automotive, air conditioning and electronic fields, etc., in the coming months as a whole more stable downstream demand.


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

• < Prev
• Next >