Export quota of rare earth stocks collectively fell less than expected

Rare earth permanent magnet suffered heavy losses in early trading concept , intraday stocks collective slump , showing different degrees of decline. News, Ministry of Commerce spokesman Shen Danyang said recently that next year the total rare earth export quota year will remain basically stable.

Analysis of the industry , the export quota arrangements fewer than in previous years , indicating that China is tightening export quotas for rare earths policy . This year the international market demand for rare earths is still insufficient , as of the end of October , China 's total exports of 17,911 tons of rare earth , accounting for only 57.8% of the total annual export quota , some of the export quota is not used. Though faced with enormous resources, environment and domestic demand pressures, but for the protection of the international market supply , the Commerce Department issued on 13 December 2014 the first batch of rare earth export quotas , and in 2013 the first number is roughly equal. The main reason is slightly different part of the enterprise or environmental problems due to mining , their quota Not released. For the full year to see the situation next year , the total quota will remain basically stable.


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