National reserve is expected to strongly welcome the ongoing outbreak of the rare earth sector hope

Baotou Steel Rare- earth recently raised its offer , the market 's interpretation tends to " more clearly state purchasing and storage of rare earth expectations ." "The current market expected to be very strong purchasing and storage , in Ganzhou Rare Earth community, almost everyone believes that purchasing and storage of rare earth will come soon . There is a saying , the fastest end of this month will launch national reserve . " Ganzhou a large rare earth company's chief engineer , told reporters said.

Biography purchasing and storage industry will start

November 11 , Baotou Steel Rare Earth official website again publicly quoted price of rare earth oxides , including oxide, praseodymium neodymium 400,000 yuan / ton, praseodymium oxide 650,000 yuan / ton, neodymium oxide 380,000 yuan / ton, europium oxide 5.6 million yuan / tons. This price than October 31 the company first announced the price has increased, the rate of increase between 5% -12 % .

In many rare profession opinion, Baotou Steel Rare earth oxide publicly listed price , meaning earth started purchasing and storage , at least prelude has begun. Because, according to usual practice , the general first corporate purchasing and storage , and then the state purchasing and storage . Before last year's state purchasing and storage , Baotou Steel Rare Earth once in a month, twice a change in listing price . Therefore, the market price adjustment on the Baotou Rare Earth secondary general tendency interpreted as " more clearly state purchasing and storage of rare earth expectations ."

It is reported that China began to establish rare earths from 2010 purchasing and storage system, and in 2011 and 2012 conducted two national reserve of rare earth strategy. The first two of purchasing and storage , the State Material Reserve chief delegate of large rare earth enterprises , under normal circumstances , rare earth enterprises in advance a month or so hours from the open market acquisition of rare earth products , then its own products and the acquisition of rare earth rare earth products unified national material Reserve sold .

However , insiders reminder: " Unlike last year , last year the price of Baotou Steel Rare Earth in public when there is security at the end behind the purchase price , but this year no such argument, just put quotation publicity , do not know whether Offer privately with Paul at the end , so it was not a good judge . "


Broad rare earth prices
" More recently , rare earth manufacturers initiatives before the last national reserve is quite similar , so the market is expected to increase for purchasing and storage , rare earth mentality makers reluctant to sell more obvious . "These Ganzhou Rare Earth manufacturers told reporters .

In November last year , because rare earth prices, the north and south have been shut down to protect the price of rare earth company , Baotou Steel Rare Earth released continuous production for two months news. Subsequently, Baotou Steel Rare Earth , Minmetals Group and publicly quoted shares in color , and participate in the acquisition of rare earth , rare earth rumors state purchasing and storage will follow .

And this time , since the October 31 listing price first announced since the Baotou Rare Earth , in less than half a month 's time, including Minmetals rare earth, rare earth aluminum , Rising colored , Ganzhou Rare Earth Group, including four companies , both have announced their listing price of rare earth . According to publicly available information, including at least the aluminum rare earth, Rising colored , Ganzhou Rare Earth Group made ​​acquisitions .

At the same time , this year the state purchasing and storage of rare earth market on rumors of the entire purchasing and storage tray will have ten billion yuan , and is mainly the heavy rare earth , purchasing and storage with six participating companies , including Baotou Steel Rare Earth , Minmetals Rare , medium shares of color , the aluminum rare earth, Rising colored , Ganzhou rare Earth Group . Contrast these rumors is easy to see , as of now , in addition to the color of shares , the other five rare earth companies have operations and acquisitions are starting heavy rare earth .

In this context , the market for state purchasing and storage of rare earths is expected to further enhance the recent market prices of rare earth on all major bottomed .

November 11 , China Rare Earth Association announced 35 major rare earth product prices , compared with October 31 appears broad . Rose varieties reached 14 , down to four , other varieties remained unchanged. Among them, the most representative products of rare earth neodymium oxide, praseodymium , the market price increased from 33.4-35.5 yuan / ton , up to 33.9-36 yuan / ton.


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