Light rare earth prices will stabilize limited downside

China Chemicals Import and Export Chamber of Commerce vice president Liu Yi Nan Thursday (the 12th) said it expects the downstream market demand for rare earths will gradually pick up, light rare earth prices will stabilize. He also said that the future of rare earth market mainly depends on economic trends, "the second half is expected to be steady overall economic development of the situation."

China Chemicals Import and Export Chamber of Commerce vice president Liu Yi Nan Thursday (12 May) said it expects the downstream market demand for rare earths will gradually pick up, light rare earth prices will stabilize.

"First, from January to July exports of rare earths situation, rare earth export volume and prices are stable, and the price of the same amount, and did not deviate from occurring," Liu Yi Nan said, "Taking into account the increase in environmental costs, is expected to light rare earth prices will stabilize, the downside is limited, but the heavy rare earth is hard to say, because of the heavy rare earth current price is still relatively high. "



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