Non-ferrous metals industry: Rare earth prices stop rising

Last week, the shock base metals , aluminum, tin, nickel fell by 0.4 %, 1.9 % and 0.8% , copper, lead, zinc rose 1.4 %, 0.7 %, 0.5 %. Given the weakness in emerging economies , increasing the risk of slowdown in the U.S. in the fourth quarter , fourth quarter industrial metals maintain low volatility judgment.

Last week, gold and silver fell by 2.9% , 2.1%, gold closed at $ 1,243.6 / oz. Minutes of the Fed's October meeting inconclusive again , " as the economic regulation QE", are no longer optimistic about the economic outlook , in fact, rejected in September some members of the " year may slow down QE" proposal. Previously week Yellen expressly At the hearing, the actual unemployment rate remains close to 10% improvement on the employment dissatisfied . We believe that the Fed will not cut before the end of QE, George and other hawkish members of speech or disturbance on the market .

Last week , titanium, manganese , cobalt, antimony fell , molybdenum was up . Recent steel, crude steel , pig iron , coke and other black chain production were decreased , manganese serious overcapacity is expected to price a further lows. According to Asian Metal Ltd. reported that by the end of October the State Reserve Bureau completed the 10,500 tons of antimony reserve, purchasing and storage news July already heard , antimony prices rose nearly 10% , and we expect the end of the purchasing and storage price will be high stage of antimony point .

Last week , lanthanum , cerium, neodymium and other rare earths fell slightly light , heavy rare earth closed flat , the overall situation was stopped rising . In order to more fully reflect short-term changes in the price of rare earth , we examine four major domestic rare earth site quotes found that each site were quoted last week appeared to stop the chain up or down slightly situation, we might guess the main purchasing and storage enterprises purchasing and storage weakened , vendors began to wait and see about , this is probably a precursor to the end of the purchasing and storage . Although unsure of the actual situation , but we keep the pre-view : First , this year's rare earth Shouchu impossible to reproduce the broad situation last year prices , price increases and persistence are poor ; second , hitting the tightening supply of rare earth , relative optimistic about the heavy rare earths .


Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

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