Rare earth prices are expected to continue to rise is expected to again share at the end of the performance
- Details
- Category: Rare Earth News
- Published on Tuesday, 24 September 2013 17:43
Most analysts still believe that the pace of purchasing and storage plan earth getting closer, "We are expecting within the circle in October there will be relatively clear policy ideas." Said industry sources said.
After July to August after rising continuously, A-share market of rare earth stocks are also into consolidation, many stocks down significantly. However, industry analysts said that in addition to purchasing and storage plans, by the end of the rare earth industry will usher in a lot of good, prices are also expected another wave.
Sang Yong Liang pointed out that the short term, the probability of rare earth prices are still rising, on the one hand, some rare earth production quotas depleted stocks in late September is also running low; fourth quarter and some magnet material into the production season, there is added library needs. Meanwhile, the state will also have a range of rare earth industry to bring good hitting.
Rare earth prices are expected to continue to rise
Giant Kwok-yin said LREE composite price two weeks without much change. But in hitting, purchasing and storage, integration of rare earth policy dividend is expected to clear.
Non-ferrous metals industry analyst Shi Yi also believe that the State Reserve Bureau seems to have become rare in recent years, purchasing "custom", although some revenue reserves outside the quota, but the market supply and demand is expected to change because of purchasing and storage. Rare earth prices rose from 2010 since almost all related with the supply side. Therefore, in the purchasing and storage, large corporations such consolidation is expected backdrop, rare earth prices are expected to continue to rise.
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