Fluctuations in demand is stable rare earth market
- Details
- Category: Rare Earth News
- Published on Thursday, 29 August 2013 17:21
RE market experienced a rapid rebound in July to early August, the price of rare earth products have returned to a higher position, dysprosium offer has reached 2500 yuan to 2600 yuan / kg, compared with the beginning of July when the 1450 yuan ~ 1500 yuan / kg price, the price rose to 73%, is the rare earth products, the largest rate of increase product. Praseodymium, neodymium oxide, terbium, europium oxide and other product prices were also achieved the largest increase of 29.6%, 36.6% and 12.8%. However, in early August, the price of dysprosium has appeared more substantial decline, from the highest bit of 2500 yuan to 2600 yuan / kg fell to 2100 yuan to 2200 yuan / kg, the largest decline reached 16%, subject to its influence the price of neodymium oxide, praseodymium appeared loose and started a callback, but the callback rate of neodymium praseodymium oxide is not large, the decline in the 5000 yuan per ton to 10,000 yuan. At this point the market turnover decreased, watching each other.
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