WTO litigation outcome fastest at the end of the great bull market of rare earth policy combing bring

June , Jiangxi Ganzhou mine Authority within the jurisdiction of rare earth mine to focus on consolidation ; August , the Ministry and other eight ministries jointly issued against rare illegal special action program ; Last week, the Ministry of Industry revealed prepared to " invoices " as a clue, right 1594 rare earth enterprises one by one investigation , and to establish a " black list" of classified management .

A long-term concern of rare earth industry sources said , to combat illegal rare earth production which has never been a year like this year so harshly - by a brokerage statement, there are only Ganzhou Rare Earth illegal production of hundreds of people under criminal or administrative process .

Crack down on earth to rectify behind the U.S. and Europe and Japan jointly sued the WTO, asked China to abolish export quotas for rare earths . Although this international lawsuit is inconclusive, but the authorities are very worried that once the quota , China rare earth industry will return to the old " cabbage price" era.

In order to prevent the same mistakes, the Chinese government is to re-sort the rare earth industry policy : space efforts to combat the illegal exploitation ; intends to introduce "Rare Management Regulations" ; formation of large groups ; another brewing differentiated management of different varieties of rare earth .

And this policy of carding for 2013 rare earth prices and stock since the second half of 2011 brought the biggest wave of rising , since this rise continues.

WTO litigation or year outcome

Rare WTO dispute a long time. 2009 , the EU proposed a lifting of the rare metal products requires China 's export quota system ; 2010 United States, Mexico and other countries WTO ED also submitted memorandum demanding that the Chinese rare earth export quota system canceled ; 2012 , the United States , the European Union formally in the WTO China 's rare earth export quota system proceedings.

Rare WTO proceedings progress , Chinese Association and the Chinese Society of Rare Earths Rare were tight-lipped.

SW that rare earth WTO case is expected by the end of 2013 the outcome. They believe that China is very difficult to win the lawsuit . " China's rare earth export restrictions may be released in early 2015 ( a year of protest during the period as a buffer ) ."

Similar events are raw materials for the case two years ago . June 2009 , the United States , the European Union to the WTO proceedings, that the Chinese bauxite, coke, fluorspar and other 9 kinds of raw materials to export quotas and export tariffs and price and quantity control , in violation of China 's WTO accession promises . The lawsuit is ultimately China lost. January 1, 2013 , China abolished tariffs on coke exports 40% .

Authorities are very worried that once the WTO lawsuit against China rare earth industry, no tariffs and export quotas , the earth will be like before vendors into a price scrimmage , rare earth return "cabbage price " era.

2012 , China's rare earth production of about 120,000 tons , but the capacity of 30 million tons. The characteristics of easy to illegal poaching of rare earth , rare earth prices are most likely to be low.

China is striving to respond. An industry source told reporters that China now is not necessarily lost ; addition a total of 17 varieties of rare earths , China can negotiate with foreign countries , first release the export of some varieties , namely light and heavy rare earth export of differentiated management , such as the light rare earth export management to some extent liberalized.

Other countries in the world have rare breed mainly light rare earths. Chinese light rare earth export restrictions opens, will be fully integrated into the international market , the light rare earths will face fierce competition . Baotou Steel Rare Earth is the largest supplier of light rare earths .

"Fighting " rainy day

Chinese government is re- carding system rare earth industry . An official of the Ministry of Industry in 2013 last month revealed Baotou forum is being developed "Rare Management Regulations", intended to set up a joint 12 ministries and ministerial-level coordination mechanism metals , rare metals management to establish and improve long-term mechanism . It is reported that the Ordinance introduced during the year is expected .

According to industry analysts , after conducting metals management of domestic exports only manage hopes up right from the exit end of this smelting, mining and other aspects of control. Now it is the source from the mine began to intervene , from the whole industry chain management.

To this end, this year's crackdown on illegal production of rare earth space . Currently , the Ministry is to " invoices " as a clue, for almost all rare earth production and trade enterprises carpet investigation , and to establish a " black list " in an attempt to overhaul the illegal poaching . Rare Earth Association, who said that before there is a fight against the illicit production of rare earths report went , this time in the whole industry a thorough investigation , it should be from the results.

Start from the source to include a large group to promote the integration of rare earth . A broker said the large group is expected to be the fastest integrated program launched in early 2014 . In addition to the Baotou Rare Earth , Ganzhou Rare Earth Group , Minmetals Rare Earth , China Aluminum Rising colored outside , Xiamen Tungsten , Jiangxi Copper , the color , also expected to play an important role.

In addition, to promote the application of rare earth downstream policies are also in the pipeline.

Rare earth prices rebound

Last week, neodymium oxide, praseodymium market is basically stable , the market price of the mainstream in the 35.5-36.5 yuan / ton, manufacturers prices firm, insisted on not cheap shipping , small factories and traders offer last week, slightly loose .

Since August of rare earth prices continue to rise . Currently, the core application market of rare earth magnetic materials market price of neodymium oxide, praseodymium mostly in the 370,000 yuan / ton , compared with the year in mid- June, the lowest price 250,000 yuan has gained more than 48% ; dysprosium and terbium oxide prices were 2350 yuan / kg and 4,300 yuan / kg, compared with before the start of 1150 yuan and 2300 yuan respectively, up 104% and 87% .

Rare earth prices rose strongly , which inevitably reminiscent of 2011 , the year of the New Deal was called rare earth , rare earth prices are soaring tenfold. In 2013 , the same number of rare New Deal in the offing , the same rare earth prices. However , the Swiss road network that metal , rare earth market this year and in 2011 a very different situation . " Some people buy year prices have gone up , so some stocks still have not digested ; prices but this year no one buys , downstream manufacturers are getting goods with orders ."

2011 RE soared tenfold , the downstream industries are looking for alternatives , and some stopped developing new applications of rare earth , rare earth industry demand led to abrupt contraction. Two years later, rare earth prices skyrocketing back to 2011 levels before .



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