LREE Wednesday appeared the first time since August Qi Zhang
- Details
- Category: Rare Earth News
- Published on Thursday, 22 August 2013 16:38
August 22, according to statistics, nearly a month of silence again rare earth prices Qi Zhang, August 21 heavy rare earth dysprosium Japan rose 2.1%, light rare earth neodymium praseodymium oxide rose 1.4%.
Heavy rare earth dysprosium oxide prices since August 1 reached 2.425 million yuan / ton high point after the fall nearly 3% to $ 2.355 million / ton, after a week to keep prices unchanged; light rare earth neodymium praseodymium oxide in August, has been at the highest position steady at 350,000 yuan / ton.
Analysts have said rare earth, rare earth recent transactions of all varieties were significantly deserted, no intention of spending a lot of sourcing suppliers, manufacturers want to wait and see whether the government will introduce purchasing and storage policy, do not rush to sell. NdFeB Magnets downstream market also showed a trend of flat consumer demand procurement business. Phosphor market inquiry increased slightly, but still low fluorescence flour mill started. Catalyst, polishing powder and ceramics market is not active.
June 19 was disclosed in the industry during the rare major reorganization of Gannan since there had been a major rare earth stocks surging market, the main rare earth stocks rose from 50% -100%. It is great wisdom 365 software, as of yesterday's close, the Baotou Rare Earth since late June has risen 42%. Minmetals Rare cumulative increase over 80%. Sheng and resources to the cumulative increase of 73.5%.
Rare earth stocks strong, mainly due to the "anti" causes "supply subtraction", Ministry of Industry jointly eight departments to combat smuggling following schedule: August 15 - September 30 for the province (autonomous regions and municipalities) self-examination phase, in September on the 30th of October the 25th stage of the Joint Inspection department, October 25 to November 15 for the rectification work summary stage.
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