Rare earth prices have not changed this week, the general trend of price stability have lower
- Details
- Category: Rare Earth News
- Published on Friday, 01 November 2013 17:37
This week the stock market downturn of rare earth market turmoil continue, the majority of species of rare earth offer basic weakness steady or cut again . It is understood that at present , suppliers said that , because of the market outlook is difficult to judge , not to offer. Insiders two days reflect market participants' outlook is slightly better mentality that increase the likelihood of the following prices , but the market price not yet have a clear response , there are still some market participants believe that prices will continue to face downward. Overall, significant improvement in the market yet .
This week lanthanum, cerium market , prices are still low , the trend is stable, supplier price rises less . Due to low market demand , and prices have dropped to the lowest in nearly three years the position of corporate profits thin .
Praseodymium neodymium market this week, neodymium and praseodymium oxide concentrate price trend is still downward , price cuts at 10,000 yuan / ton, Shanghai and Jiangsu Province suppliers reflect , is now clearing warehouse praseodymium neodymium metal , the recent few orders. Currently Didymium market mainstream in 41-42 yuan / ton, neodymium oxide, praseodymium 32-33 yuan / ton.
Dysprosium products market , weak shocks the market this week , the price of dysprosium oxide in 1.75 million yuan / ton for shipping , also there is a business willing to lower prices shipments, dysprosium iron prices are slightly higher than the 3-5 million yuan / ton. Compared to other oxides , the businesses down the magnitude of dysprosium oxide quote the number of times larger and more frequent price adjustment .
This week oxide, erbium oxide , neodymium oxide, yttrium oxide prices weak steady, some traders to accept less than the mainstream market price of shipping , overall price volatility is not . Erbium oxide , neodymium oxide has the magnitude of price adjustment in five thousand dollars / ton, yttria offer a smooth or slightly down 1-2 thousand dollars / ton.
Europium, terbium oxide market, some businesses cut prices , mainly the price is still more concentrated. According to the Shanghai region quotations from suppliers of europium oxide with votes 4.7 million yuan / ton, terbium oxide with votes 3.9 million yuan / ton , the majority of merchants offer at this price point near or slightly below 100,000 yuan / ton.
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