Rare earth stocks are expected to rise again by the end of
- Details
- Category: Rare Earth News
- Published on Wednesday, 25 September 2013 17:33
Previously driven by rising prices of rare earth sector 's recent performance is weak, however , has some industry sources, purchasing and storage plan is expected rare start in October this year , will bring good industry .
However , some companies responded by saying No related notifications. Analysts said Shouchu expected , hitting the earth and at the end of restocking soon , short-term rare earth prices remains bullish , stocks are expected to be a wave of market.
"State purchasing and storage began in October . "Guotai Junan Securities analyst Sang Yong Liang in the latest research report revealed . It is worth noting that the rare earth Shouchu recently become a hot market . A source said, the state purchasing and storage plan will be in October on earth , the whole dish will have ten billion yuan purchasing and storage , and is mainly in the heavy rare earths. There are rare earth companies pointed out that although the state purchasing and storage , but in fact last year was the invitation to tender in the form of enterprise , large rare earth enterprises will generally be invited , especially state-owned enterprises . According to the sources, the purchasing and storage enterprises have six participating , including Baotou Steel Rare Earth , Minmetals Rare Earth , the color of shares , the aluminum rare earth, Rising colored , Ganzhou Rare Earth Group , purchasing and storage products 4000 tons neodymium oxide, praseodymium oxide, praseodymium, neodymium oxide of 500 tons , 1200 tons of dysprosium oxide , or 1,500 tons , 300 tons erbium oxide , also plans Shouchu europium oxide, terbium each 500 tons , yttria 2500 tons or 2000 tons, and lutetium oxide , a total of 10,000 tons or more, and will be slightly higher than the state purchasing and storage recent market prices .
In this regard, most analysts believe that the pace of purchasing and storage plan earth is getting closer . "We circle are expected in October will be relatively clear policy ideas . " an industry source 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 , it is expected there will be a wave of market .
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 -level anti- rare earth industry will also bring good .
Nonferrous 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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