Downstream demand is expected to stabilize and gradually recover rare earth prices rise
- Details
- Category: Rare Earth News
- Published on Tuesday, 11 February 2014 11:35
Historical data, from January to February is the off-season demand for rare earths , there is usually a significant growth qoq volume of rare earth exports from March to May , and therefore there are institutions expected, with the gradual recovery in downstream demand after the Spring Festival , rare earth prices are expected to re- stabilizes. In addition, 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.
2013 , rare earth prices experienced paragraphs twists and turns, especially in the second half , larger changes . Third quarter 2013 , with the launching of the southern part of the area of rare earth remediation activities and the expected impact of the national reserve , some rare earth products prices have rebounded significantly . But then , in the purchasing and storage of rare earth unfulfilled expectations and background factors in the off-season , the price of rare earth back into the doldrums, basically taking up most of the gains since the third quarter .
Since 2013 , adopt a market- oriented means to replace the existing export quotas , tariffs and other means of administration of the darker color of rare earth resources in order to control the increasing pressure . Experts are expected , the government is likely to accelerate the integration process of the rare earth industry.
January 2014 , the Ministry together with relevant departments in Beijing held a formation of large enterprise groups rare special meeting . The meeting said, according to the law of survival of the fittest market , has been basically formed Baotou Steel Group , China Minmetals , Chinalco , Rising colored , Ganzhou Rare Earth and Xiamen Tungsten and other six companies led industry development pattern. Next , to the flow, focusing on this six companies were led to further promote mergers and acquisitions , formation of large rare earth enterprise groups. This marks the formal pattern of rare earth industry '1 +3' '1 +5' into the current pattern of rare earth industry, the new order is also an important step .
Since December 2013 , emerging market countries may be purchasing and storage for copper, nickel , tungsten concentrates and other metal species expected. Rare especially heavy rare earth , because of its strategic importance and scarcity, are more likely to become the subject of one of the state purchasing and storage .
If in 2014 a quarter of the national reserve plans to gradually implement optimistic judgment, after the Spring Festival is expected upward rare earth prices , price increases in the coming quarter is expected to reach about 15%.
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