The national reserve of rare earth enterprises or collective bidding will start

Rare state purchasing and storage plan seems to be coming trip, resulting in rare earth prices generally began to rise . Ganzhou Rare Earth , a large company chief engineer said, " the 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 by the end of November will start the national reserve . "

According to industry analysts , although as a major national security strategy , the national reserve of rare earth will not advance to the open market , the government has also not clear that several companies will be entrusted to the acquisition of rare earths , but forty-five national companies are listed in the recent acquisition of rare earths , The intention is also worth thinking about .

But since October , has qualified enterprises such as purchasing and storage of rare earth Baotou Steel Rare Earth , Chinalco Rare , Rising colored , Ganzhou rare earth, rare earth has listed Minmetals acquisition of rare earths to market . This is the case in the past before the official reserve, companies have acquired similar to the market in advance .

Have raised the listing price

November 11 , the official website of the Baotou Rare Earth 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. The price has increased more than 31 October the company first announced the price rises of between 5 % to 12 %.

In many circles it seems rare , Baotou Steel Rare public listing price of rare earth oxides , rare earth means purchasing and storage started, at least the prelude has begun. Because, according to usual practice , the general first corporate purchasing and storage , and then the state purchasing and storage . Before the national reserve, Baotou Steel Rare Earth within a month had twice the listed price movements last year . Therefore , the secondary market price adjustment of Baotou Steel Rare Earth generally interpreted as a tendency to " more clearly expected the national reserve of rare earth ."

And since the Baotou Rare Earth on October 31 announced the first listing price , less than half of the time, including the rare earth Minmetals , Chinalco Rare , Rising colored , Ganzhou Rare Earth Group, including four companies , all have announced the respective listing price of rare earth . Among them, Minmetals ( Beijing ) Co., Ltd. Rare Earth Research Institute published quotes in addition to the major rare earth oxides and Rare-Earth similar , but also quoted a price of other products , such as praseodymium oxide 650,000 yuan / ton, terbium oxide 4.5 million yuan / ton, dysprosium oxide 2.2 million yuan / ton , yttria 80,000 yuan / ton , lutetium oxide 9,000,000 yuan / ton and erbium oxide 400,000 yuan / ton, the price is higher than the market price.

Primary market for rare earths is expected to be more intense national reserve , November 14 , rare earth permanent magnet stocks move up sharply , which Tiantonggufen , Din Tai new material limit, Ruiling shares rose 6.81 percent , Sheng and resources up 6.02% , up 4.98% Galaxy magnet , Minmetals rare Earth rose 2.51 percent .

It is reported that China has established purchasing and storage of rare earth system starting in 2010 , and implemented a national reserve of rare earth strategy twice in 2011 and 2012 . The first two of purchasing and storage , the State Reserve Bureau commissioned a large rare earth enterprises mainly , under normal circumstances , a month ahead of rare earth enterprises around the time the acquisition of rare earth products from the open market , then the acquisition of its own rare earth products and rare earth products unified national material Reserve sold .

However , there are also remind the industry, unlike last year is that last year the price of Baotou Steel Rare Earth in publicity , 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 there are private Paul at the end purchase price , so it was not a good judge .

" Recently, rare earth manufacturers initiatives last year before the national reserve is quite similar , so the market is expected to increase purchasing and storage , rare earth makers sell mentality more obvious . "These Ganzhou Rare Earth manufacturers of the author , said .

In November last year , because of the rare earth prices, the north and south of rare earth companies have discontinued insured , Baotou Steel Rare Earth discontinued two months consecutive release news . Subsequently, the Baotou Rare Earth , China Minmetals and public offer of shares in color , and participate in the acquisition of rare earths , rare earths are also rumors state purchasing and storage will follow .
Purchasing and storage size or up to ten billion yuan

The industry generally believe that the state purchasing and storage of rare-earth prices , the whole aspect of purchasing and storage of critical parts.

Guotai Junan a previous study reported that this year the entire purchasing and storage tray national reserve of rare earth will have a hundred million, and mainly in the heavy rare earths . Purchasing and storage products 4000 tons neodymium oxide, praseodymium oxide, praseodymium , neodymium oxide each 500 tons , 1200 tons of dysprosium oxide , or 1,500 tons, 300 tons erbium oxide , yttrium oxide is also planning purchasing and storage of 2000 tons or 2,500 tons, europium oxide, terbium each 500 tons , and lutetium oxide , a total of 10,000 tons or more.

From the price of rare earth products currently on the market mainly of view, if we are to maintain the stability of prices , so that market stabilized , the purpose has been achieved. But now the downstream demand is still relatively weak , mainly mention the price is not good business deal , to raise prices again , it seems that a few large companies want to move up the price , and now did not achieve the purpose , is likely to again listed price .

From this year after August 30 , the main products Ganzhou Rare Earth neodymium oxide, praseodymium from 365,000 yuan / ton high has dropped to 337,500 yuan / ton, Baotou Steel Rare Earth until after several major companies to increase the offer , the price was increased to the current 342,500 yuan / ton.

Analysis of the industry , the main problem is how rare state purchasing and storage to develop a better system. First, in the past, purchasing and storage process, the formation of a joint case of large enterprises to raise the purchase price and the quoted market price is low , which boost rare earth products from the point of view of the market price does not achieve the purpose ; Second, enterprises will after the product sold to the state , return of funds is slow, although it is higher than the market price, but the pressure is relatively large. Currently several companies hang out main product prices neodymium oxide, praseodymium 400,000 yuan / ton, while the market price is about 335,000 yuan / ton.

If the country is higher than the market price by purchasing and storage , will be led to the current stock of cargo operators , such as hoarding goods traders and manufacturers earn pours . At the same time , the supply contraction , rare hype will be more serious , will be an occasion to hold stocks prices . However, if the reserve price below the market price, then make confident purchasing and storage enterprises to stimulate the market price of frustration.

In 2011 ago, because most people do not know the value of rare earth deep , resulting in a lot of cabbage prices of rare earth products are sale to foreign countries, illegal smuggling rampant. Thus , the state decided to raise prices by purchasing and storage methods, purchasing and storage concept was first proposed .

But the desire to raise the price of rare earth by purchasing and storage at the end of last round of purchasing and storage process has been demonstrated little effect . Last year , the state has passed Baotou Steel Rare Earth and Rare Minmetals Rare imposing a reserve, but never released specific price and volume purchasing and storage of rare earths .

According to a survey of a number of information agencies rare earth production enterprises , purchasing and storage of rare earths last year, the amount of the State Reserve Bureau : 11,000 tons of lanthanum , cerium , praseodymium , neodymium 4,000 tons, 1,000 tons of neodymium , praseodymium 500 tons , 200 tons of europium , terbium 150 tons , 400 tons of dysprosium , yttrium 2,500 tons, totaling 19,750 tons . The purchasing and storage price is higher than the market price , the total purchase price will be up to 60 billion payment cycle for up to 6 months.

Insiders said that the country through the upstream rare earth raw materials purchasing and storage for large enterprises , leading enterprises to master distribution rights are raw , in the interests of the rich inevitably split on lean , downstream applications enterprises are forced to endure.

And another industry analysis, the low prices of rare earths could last 10 years because of expensive raw materials , downstream of the upstream squeeze profits , dampen the enthusiasm of end-user applications . This is like a drastic measure , sustains serious injuries foundation of the industry. As a result, the industry recovery no longer depends solely on the industry , with the need for external conditions .

Due to the rare earth are purchasing and storage for domestic rare earth industry leading enterprises, purchasing and storage of huge interest is mainly divided between several rare earth group , the survival of small businesses continue to compress , plus support all aspects of national policy , a large group of rare earth the formation process will continue to accelerate .


Rare Earth 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

• < Prev
• Next >