Rare Shouchu week or settled

This week there will be a formal purchasing and storage of rare earth news week has been postponed some traders offer rare, rare earth prices will rise again.

Affected by the expected impact of the 9th rare earth market dominated by stalemate, sustained demand for light, factory shipments will also low, the market traded more deserted. Analysts said that once the earth Shouchu implemented, will reduce the market supply of rare earth, rare earth prices will steadily.

Baotou Steel Rare Earth subordinate enterprises a middle-sources, the plan purchasing and storage 10,000 tons of rare earth, which planned 4,000 tons of neodymium oxide, praseodymium Shouchu oxide, praseodymium, neodymium oxide, each 500 tons, 1200 tons of dysprosium oxide, erbium oxide 300 tons.

Many industry insiders also told China Securities Journal reporter confirmed this statement. According to reports, in addition to the above-mentioned species, also plans Shouchu europium oxide, terbium each 500 tons, 2500 tons of yttrium oxide.

However, since the earth has not issued a formal purchasing and storage, purchasing and storage of specific varieties and quantity purchasing and storage there are still different versions of the argument, purchasing and storage price, purchasing and storage enterprises involved can not be finalized.

The industry sources said, there are rare earth companies to disclose this purchasing and storage enterprises may reach 5.


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