State Reserve is still no news of rare earth oxide, dysprosium price has dropped nearly 20 percent in March

Due to the delay in start purchasing and storage of rare earth , rare earth oxides spot market prices gradually lower part , according to data display , heavy rare earth oxide, dysprosium since September prices have fallen 20 percent , and gradually reduced from the average price 2.4 million / ton high to 180 million / ton, analysts said if we do not start in December State Reserve , rare earth prices will face further decline.

The analysts said that the current domestic demand continues to slump , and there are signs of improvement yet , even losing WTO restrictions on exports , it would not have much to stimulate exports , export prices should also continued downturn ; domestic market downstream neodymium iron boron Magnets prices are lower, trading volume is very rare deserted part of the business , despite the reduction in inventory , but are now on-demand procurement , the expected massive replenishment is not strong .

It is understood that the national reserve of rare earth began speculation since July , but the delay is on, now includes the Baotou Rare Earth , including many large enterprises have publicly listed prices of rare earth , but they made ​​it clear that regardless of the national reserve . Analysts said that even before the end of the purchasing and storage of rare earth begins to push up prices and perhaps not much action , "At present, the amount of business for purchasing and storage of reserves of rare earth market has finished, open the purchasing and storage , will not increase market liquidity demand for rare earth , but if purchasing and storage , which will be part of reserves into the market , and then further down the price, " he said.

When the national reserve for rare earths can be , industry insiders have said no to reliable sources .


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