Rare price change suddenly, traders lamented the "play dead."
- Details
- Category: Rare Earth News
- Published on Tuesday, 26 November 2013 11:48
A few weeks ago , praseodymium , neodymium oxide , praseodymium , neodymium metal prices had a sudden rise, praseodymium , neodymium metal will buy from 390,000 to 410,000 buy later , only a few days time , praseodymium , neodymium for the sudden rise in metal prices , industry sources have said very suddenly , saying " the price rise not fall through it , it will not rise too high estimate back ! " with rising rare earth prices , both manufacturers and traders began to sellers, there are trade Manufacturers sigh, " I can not buy prices , decline in value when not sell , play dead "
Then , have announced its listing price , the market played a guiding role , the atmosphere appeared reluctant to sell the market , rare earth prices continued to rise, but market sentiment deserted , which, insiders said that this large company to raise its offer collective way , had already appeared once in the last year , and put on the market does shock effect, but this is not known how much the market can continue up .
According to news shows : Rare earth prices fell, severity of rare earth oxide prices fell 2.06% and 1.53% respectively , mainly due to the permanent magnet related species , praseodymium , neodymium , dysprosium fell 2.90% , respectively , 2.56% impact of Ningbo NdFeB companies said . : NdFeB market is not good , praseodymium , neodymium price is difficult to rise, according to the site today to understand the message that the current price of praseodymium neodymium metal base at about 420,000 , is also an urgent need for a small amount of liquidity to 400,000 transactions
On the one hand prices of rare earth products , while ore prices firm this month, Ganzhou Rare Earth Industry Association released in November 2013 ionic rare earth ore price : rich in yttrium europium 21-22 Wan ton of ore , estimated ore prices firm, may the only consolation is the rare earth market downturn .
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