Rare Earth Industry: Festival prices are expected to rise
- Details
- Category: Rare Earth News
- Published on Tuesday, 21 January 2014 11:14
The third quarter of 2013 , with the launching of the southern part of the region 's rare remediation activities and the expected impact of the national reserve , some rare earth products prices have rebounded significantly . In the context of the fourth quarter of unfulfilled expectations and purchasing and storage of rare earth elements in the off-season , the price of rare earth downturn in the fourth quarter again , basically taking up most of the gains since the third quarter .
Forced WTO rare earth industry consolidation or losing speed
October 2013 , due to the WTO preliminary ruling our existing rare earth export quota policies , tariffs and other restrictions of rare earth export policy violations , means that existing rare earth export controls may have to end . Therefore , China is facing an urgent adopt market-oriented means to replace the original export quotas , tariffs and other means of administration of the darker color of rare earth resources in order to control the pressure . In January the Ministry of meeting established "1 +5" Rare Earth Group structure, we expect the integration process could accelerate the rare earth industry , but may also introduce policies to deal with purchasing and storage industries WTO against the negative impact brought by the industry .
Expected price is expected to rise after the Spring Festival RE
We expect that with the gradual recovery of the downstream demand after the Spring Festival , rare earth prices are expected to re- stabilizes. If the country in the first half of 2014 carried the rare earth reserve, is also expected to partial restoration of rare earth supply and demand relationships on prices boost. Our prices are expected to optimistic forecasts of rare earth based on the current upward about 15%.
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