RE build a base, multiple factors will drive to pick up

Rare earth prices are still built at the bottom of the upstream

Affected by weak demand , adjust the upstream rare earth prices will remain at the bottom of the situation . Neodymium oxide, praseodymium latest offer for 332,500 yuan / ton, compared with the beginning of 318,000 yuan / ton, or 5% ; while light rare earth lanthanum oxide , cerium oxide , respectively, compared to the beginning of the price decline of 53% and 55% ; heavy rare earth oxide, dysprosium The latest offer for 1825 yuan / kg , fell 29 percent compared to the beginning . Compared to the light rare earths , the heavy rare earths smaller decline . Finished price and price linkage rare , rare earth prices will affect sales slump and profitability .

Multiple factors driving the price of rare earth warmer

Although the current price of rare earth elements is still at the bottom and build momentum , driving rare earth prices remained: the market expected the government will be the rare earth reserve, hitting action to rectify the rare earth industry , foreign rare earth ore mining costs are high and slow progress is difficult to form an effective supply downstream demand to pick up, especially in the promotion of new energy vehicles will boost demand for rare earth permanent magnet .


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