Rare earth prices rally pauses become the focus of the Syrian war

Last week ( as of August 30, 2013 ) U.S. economic data was mixed , Syria war impact on commodity markets dominant position last week, mixed metals , molybdenum , antimony, titanium sponge better performance ; tungsten continue down, down 3.06 %, due to lack of demand downstream tungsten , if Minmetals future does not restore external procurement, tungsten prices may continue to bear the downward pressure .

Precious metals prices were mixed , concentrates the largest decline . Last week, with larger decreases in metals is mainly tungsten and zircon sand , were down 3.06% and 2.55% ; molybdenum , antimony, titanium sponge performed better , were up 2.46% , 2.06 %, 2% . Steel market, increased demand for molybdenum iron effectively promoted molybdenum prices, we are concerned about domestic molybdenum prices have continuously risen nearly a month, rose 2.1 percent last week . Recent antimony prices rise significantly , but not many downstream customers purchasing chase into September , with the gradual return to the market at home and abroad , the market will gradually increase in procurement activities , antimony market is expected to pick up. Titanium sponge prices is because the manufacturer discontinued stops, supply substantially reduced, but the market is still deserted , most consumer providers are watching the market , although prices are still lower than the cost of production now , but the prices of titanium sponge is still difficult. Tungsten concentrate prices continued to fall last week , due to lower procurement weakness, coupled with China Minmetals nearly six weeks is not in the spot market purchases, if the future does not restore external Minmetals purchase price of tungsten may continue to bear the downward pressure .

Rare earth market changes , the price rally stalled . Last week, neodymium oxide, praseodymium , neodymium prices were flat, heavy rare earth dysprosium oxide fell 1.25 percent. Since early June , praseodymium neodymium oxide prices have risen 41 percent , the highest rise 93% dysprosium oxide , rare earth market last week, but some subtle changes : praseodymium neodymium -related products due to buyers lose confidence in the downstream market , manufacturers are no longer continue raised the prices of related products , some traders eager to ship , the price in order to facilitate transactions , is difficult to estimate the short term prices rose sharply ; same situation also appears in the heavy rare earth dysprosium oxide , and it is reported that the government may soon purchasing and storage of rare earth products , so manufacturers To hold stocks to watch , but also short-term price stability estimate .


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