Policy boost product prices of rare earth stocks soared
- Details
- Category: Rare Earth News
- Published on Tuesday, 27 August 2013 17:20
It is understood that, in mid-June to 23 August light rare earth neodymium praseodymium oxide has gained 48% in heavy rare earth dysprosium and terbium oxide were up 104% and 87%.
Analysts believe that, with the thorough investigation of private mines nationwide began the year and indicators used, the majority of smelting separation plant is gradually shut down and stop shipments, the majority of raw materials inventory smelting separation enterprises will run out before October, will cause earth supply further tension. After a long time to inventory, the current domestic stocks at a low level, the formation of rare earth prices favorable support. Secondly, the recent national purchasing and storage, and a large group of rare earth integration solutions may exist launched, is expected to further boost the market sentiment.
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