RE purchasing and storage time has not yet determined the end of the special issue of the fastest purchasing and storage fund
- Details
- Category: Rare Earth News
- Published on Monday, 14 October 2013 16:21
October 14 hearing , rare earth Shouchu official news yet to be introduced , the market is waiting to see from the beginning of July , has been greatly frustrated confidence , data showed last week, the rare earth market turnover is still deserted , LREE offer double down . It is understood that an investment management company investment fund issued a rare earth Shouchu fastest subscription will start by the end of October .
Rare analysts said , because the state purchasing and storage is mainly to create an atmosphere of action , the state purchasing and storage of rare earth biggest benefit is obviously involved in purchasing and storage of raw materials companies , indirectly, would be favorable throughout the upstream rare earth industry . Baotou Steel Rare Earth Trading Company through its operations last year, rare earth reserve, in the first quarter attributable to shareholders of listed companies net profit of only $ 245 million in the second quarter , but the downturn in the industry counterattack was 805 million yuan , respectively, year on year and up 122% qoq and 229% . Analysts said gold , which is recognized in the Baotou Rare Earth in the second quarter last year, state purchasing and storage of rare earth gains.
Southern heavy rare earth leading Minmetals also adjust the announcement in September of rare earth production quotas directive , industry analysts say , or purchasing and storage also has a relationship with the earth . Its announcement that the Ministry of consent obtained , its red and gold and rare earth two subsidiaries separately from the original 835 tons and 600 tons was adjusted to 1335 tons and 800 tons, respectively, an increase of 500 tons and 200 tons.
Related brokerage continued good earth plate , GF Securities research report shows that despite the recent rare earth prices have callback , but they believe that the scale of rare earth purchasing and storage , large group integration progress , rare earth smuggling and other bullish factors may exceed expectations , or welcome a future price rise .
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