Rare cases of both supply and demand side for the price reversal Japanese Buy indifferent

Today is an important resource for the production of rare earths needed, China is the world's largest producer of rare earths in the international market , China's hope that by inhibiting the supply of rare earth prices have reached to head in , but they behave Buy providers increasingly tough terms , such as Japanese magnet manufacturers, they think prices will fall in the future rare , so indifferent . At first, when in 2011 , prices soared , the businesses are overwhelmed, but now the situation but reversed. This is big news for the rare-earth mineral rights transactions .

"According to the current price , the manufacturer does not buy" , operating high-performance magnets for dysprosium Japanese trading company official said in unison . Chinese exports of rare earths prices rose about 1 percent since June of this year, once in late October rose to around $ 550 per kilogram. Although only hit of the summer of 2011 for about $ 3,700 per kilogram seventh , but it seems the demand side , the price is still too high .

In the main origin of Chinese rare earths , this summer the government to ban illegal mining on a large scale . Observing how the market believes that China started 10,000 tons of rare earth reserves . As well as market-related pointed out that the Chinese government is to boost the market and the tightening of the supply of rare earths .

In this regard , the Japanese manufacturer of magnets and magnet alloys after July reduced the purchasing transaction hardly the case is continuing to expand . China supplies due to inhibition caused price spikes have occurred in 2011 , when the demand side in a hurry to start purchasing, the results lead to a further rise , but this was very cool. In addition, as a neodymium magnet material also presents a similar situation . Currently the price of the day was about $ 100 per kilogram , compared with June rose by nearly 4 percent. But demand is not strong.

As optimistic about demand from the growth of hybrid vehicles and industrial machinery , willingness to increase business remains strong magnets . Each company has been in no hurry to purchase rare , because it considers the oversupply situation will continue in the future , the current rise is only temporary.

In addition, each magnet manufacturers such as Shin- Etsu Chemical Co. and TDK , etc. In 2011 the boom as an opportunity to reduce the amount of rare earths. Combined with price cuts in the spring , has increased imports at low prices . Inventory because they have the time , so do not rush to make purchases at high prices .

Including cerium , etc. , Japanese imports of rare earths in 2012 was 10,003 overall tons, compared to 2010 almost halved . The total exports to China in 2011 and 2012 was about 30,000 tons , only about 5 percent of the Chinese government to protect the resource and set export quotas . Japan's Showa Denko that " in 2013 ( exports ) are likely to remain lower than the export quotas ."

In addition , the demand side in no hurry to purchase another background is the World Trade Organization (WTO) ruling may limit exports of rare earths in China during violation of the agreement . This is a lawsuit brought by the United States and Europe , once the Chinese have been convicted of the WTO agreements , currently set at 2 percent or so is likely to cut export taxes , TDK think "This should help to promote a slow decline in raw material prices ."


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