Rare practitioners face price volatility requires patience
- Details
- Category: Rare Earth News
- Published on Wednesday, 30 October 2013 11:18
Recently, as the state purchasing and storage plan is still yet to be finalized , the industry began to lack of confidence , coupled with the end of the , loan repayment , electricity, switch to multiple factors such as storage , rare earth by last month 's reluctant to sell , to active sales , prices fell markedly , the current trading price of praseodymium neodymium metal of 430,000 from the week before , fell to 420,000 , europium oxide dropped from the current 4900 yuan 4600 yuan per kg per kg , the trading price of terbium oxide was 4300 yuan per kilogram , but the volume little downstream procurement will is not strong , especially foreign trade , there are responsible for the export trade of the sales staff said: At present foreign trade is very bad to do , we are mainly mutual pressure prices, customers go first to one and then say how much XX home to Are you going to give much ...... "
Faced with this situation , a large rare earth enterprises procurement staff, said: Currently the bad economic situation , it is difficult to rare immune constrained by the cost of production of rare earth , rare earth prices theoretically decrease in the not too large, so this case, market participants better state of mind . correct view of the market , do not be too pessimistic .
For the WTO's preliminary ruling , the industry reacted coolly , mostly expressed as early as expected , the world needs is not Chinese rare earth, but cheap Chinese rare earth, as long as the Chinese control the private mining , adhere to combat black chain , cheap Chinese rare earth will cease to exist .
Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn