The reason Inner Mongolia Rare Earth export volume growth analysis
- Details
- Category: Rare Earth News
- Published on Wednesday, 22 January 2014 11:03
Reporters learned from Hohhot, Inner Mongolia Customs , China's largest rare earth production and sales base in Inner Mongolia in 2013 increased significantly rare earth export volume exceeded 5,000 ton mark , product prices fell last year compared to varying degrees .
According to reports, in 2013 the export of rare earth in Inner Mongolia has been an upward trend, the annual total exports of rare earths 5065.1 tons , an increase of 52.3 % over the previous year , accounting for 22.7 % of the country 's total exports of rare earth year, worth $ 58,836,000 , a decrease of 26.7% , accounting for the same period 10.2% of gross national exports of rare earths . The average export price of U.S. $ 12,000 per ton , a decrease of 50%. Inner Mongolia Rare Earth exports mainly to the U.S., Japan , EU and Southeast Asia , which the United States accounted for nearly 50% of exports. Last year , U.S. exports of rare earth Inner 2527.6 tons , an increase of 10.7 times more than last year , accounting for 49.9% of total exports over the same period in Inner Mongolia Rare Earth ; exports to Japan 893 tons , an increase of 25.3% over the previous year , the total export volume of 17.6%. The same period , the French export 708 tons , down 63.8% ; Vietnam exported 244.4 tons , an increase of 73.2% ; exports to Italy 221.8 tons , an increase of 2.7 times .
It is understood that the reason Inner Mongolia Rare Earth export volume growth mainly two: First, a modest recovery in the U.S. economy , increasing demand for rare earth consumption ; Second, China's rare earth export quotas increased. However, our country and the world rare earth raw materials and new materials overcapacity situation has not reversed the overall weak demand in the macroeconomic situation , leading rare earth export prices and the best in history far apart. Some segments of rare earth products such as lanthanum , cerium and other redundant elements , or even several times , several times overcapacity , combined production capacity gradually released abroad , the U.S., Japan and Europe and other markets dependence on Chinese rare earth materials is constantly weakening.
Experts told reporters that last year, the World Trade Organization (WTO) dispute settlement panel has preliminary support Japan, the U.S. and EU views on Chinese control of rare earth export tariffs in violation of WTO rules . In the framework of the WTO may request to retain the rare earth export quotas, quotas while expanding into line with domestic consumption levels. 2014 rare earth quotas increase again , or lead to the main producing areas , including Inner Mongolia Rare Earth exports continue to expand , rare earth prices will therefore face greater downward pressure.
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