Inner Mongolia in August before the sharp rise in exports of rare earths

22, the reporter learned from Hohhot Customs, from January to August 2013, Inner Mongolia exports of rare earth 3392.2 tons, an increase of 82.5% over last year, of which 80 percent are exported to the United States, France and Japan.

According to Hohhot Customs released statistics show that from January to August 2013, Inner Mongolia exports of rare earth 3392.2 tons, representing an increase of 82.5%; worth $ 37.898 million, down 24.7%; export average price of $ 11,000 per ton, down 59.3%.

Among these, 80 percent are exported to the United States, France and Japan. Inner Mongolia Autonomous Region January-August exports to the United States, France and Japan were 1,738.6 tons of rare earth, 568 tons 433.7 tons. Three together accounted for the same period the autonomous region of 80.8% of total exports of rare earths. Compared to last year, exports fell 59.4% to France, exports to Japan increased by 1.4 times, did not export to the United States last year.

Hohhot Customs personnel in the analysis of rare earth exports from January to August in Inner Mongolia, said the main reason for price increments: national quota increase makes exports increased, while weak demand is restricting exports of rare earths price is the biggest factor.


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