Rare earth dysprosium oxide landing Bo suppliers regulate the market to stabilize prices
- Details
- Category: Rare Earth News
- Published on Monday, 24 February 2014 17:24
February 20 , Bohai Commodity Exchange of rare earth dysprosium oxide species listed . Rare China's largest integrated landing spot commodity exchange , is expected to narrow the price range , and to improve the chaotic phenomena such as potential illegal bootleg heavy rare earth market.
Establish a benchmark spot price of rare earth
With the " roller coaster " to describe the rare earth price fluctuations are a bit too warm. 2011 , rare earth oxide, dysprosium had in a few months from 1.6 million yuan to 12 million yuan per ton Douzhang , and then turned around and plunged to 400 million, and currently at around 1.76 million yuan .
Thrilling spectator , the players miserable. Industry analysts said the rare earth price fluctuations , will not ultimately benefit the entire industry . Price is too high , likely to have no market price, producers large inventory backlog ; downstream businesses carry, but skyrocketing raw material costs , profits were swallowed chunks . The price is too low, producers do not see enough profit margin , do not want to start , but also lead to insufficient supply. " In 2011 , when prices fall , do not dare to take a long-term corporate orders . "
After 2011 years of policy adjustments , as well as a series of industry consolidation , the national policy is gradually stabilized, the rare earth industry has also ushered in a relatively stable period of development, Bo suppliers of rare earth dysprosium oxide products listed at the right time . HOU Yu Xi Bo suppliers of rare earth oxide, dysprosium product manager , said Bo suppliers of innovative modern spot trading mode , close to the business needs of product design , will help to narrow the price range of rare earth oxide, dysprosium , maintain the stability of the entire industry , sustainable development .
Dysprosium oxide traditional trade markets in general telephone inquiries traditional trading patterns , the fewer buyers and sellers , high transaction costs, difficult to form a concentrated market ; -one bargain , asymmetric information, price formation is not standardized , opaque ; high credit risk , large trade performance has failed to sign the phenomenon occurred frequently . Bo suppliers of electronic commodities trading platform, consumer goods producers and operators direct docking in exchange, will help form a faithful reflection of market demand at reasonable prices, reduced commodity circulation, reduce trading costs and credit costs.
The industry analysts said Bo suppliers dysprosia smallest unit is 50 kg settlement , general business a purchase not less than two or three hundred kilograms, 50 kilograms of units can well cover the needs of SMEs. "From the point of view of their prudential rulemaking , Bo suppliers launched dysprosium oxide is prepared with sincerity . Rare earth industry need an open, transparent and authoritative benchmark price , Bo is supplied by third-party platform , easier to do a fair and impartial . "
Norms heavy rare earth market
Volatility in the price of rare earth roots in its important strategic resource status , and resource contention between countries arising therefrom. Rare has " industrial vitamins ," said the widely used in metallurgical industry , petrochemical industry , new materials , military and agriculture. Was divided into light rare earth rare earth and heavy rare earths , dysprosium and other heavy rare earth elements is much higher than the value of the light rare earths. If RE is the "industrial vitamins ", that is the heavy rare gold of vitamins . More than 70 percent of the world's heavy rare earth concentrate provinces in southern China , which went Ganzhou, Jiangxi most. Ganzhou more than 80% of the world supply of heavy rare earths in the country and the world have a pivotal position. Bo suppliers of rare earth dysprosium oxide species is based Ganzhou .
China's rare earth resources in illegal mining , smuggling is very serious , resulting in a huge loss of national strategic resource . In recent years, the total rare earth mining indicators are 93,800 tons of control , according to industry experts estimate that the current private domestic rare earth minerals annually on more than 100,000 tons. On the one hand is a rare earth export quota of 40% -50 % are idle , one is a lot of cheap smuggled rare .
Since June 2013 , to carry out Ganzhou Rare Earth "hitting " action, heavy regulation of heavy rare earth market . Bo suppliers transparent pricing information, specifications of market management, make transactions more rare sunshine and standardization . Rare earth dysprosium oxide in the Bo suppliers listed on the heavy rare earths market consolidation will play an important role in promoting .
Compete on pricing of rare earth resources , autonomy , such as the right to speak in the future under the heavy involvement of transnational capital and national capital will be more intense. Bo suppliers approved last April RMB cross-border trade settlement pilot , gradually start international operations , which will help expand the formal channels of China's rare earth exports to China to compete in international trade in rare earth pricing will also be a big plus.
Deputy General Manager of Bohai Commodity Exchange Zheng Yu : Bo suppliers of rare earth dysprosium oxide products to market at the right time
Zheng Yu said rare earths have " industrial vitamins ," said, widely used in metallurgical industry , petrochemical industry , new materials , military and agriculture. China 's rare earth reserves , production scale and export volume are in the world. More than 70 percent of the world's heavy rare earth concentrate provinces in southern China . Ganzhou is more than 80% of the world supply of heavy rare earths in the country and the world have a pivotal position. Bo suppliers will rely on modern spot platform , leveraging pilot RMB settlement of cross-border trade policy , relying on heavy rare earth resources in Ganzhou , the rare earth industry to promote a stable , healthy development of China rare earth pricing and competition for the right to speak in the international market .
Zeng Ming Long County Southern minerals Shouchu Chairman : rare earth dysprosium oxide quoted Bo suppliers of rare earth products will achieve a fair and equitable price transparency
Zeng Ming said that the electricity supplier of modern enterprises to upgrade the only way. By Bohai Commodity Exchange , companies can expand the channels of trade , increased trade opportunities and reduce trade costs and save money. Rare earth industry urgently needs a spot price benchmark , Bohai Commodity Exchange is the largest stock exchange integrated , as a third party platform , you can achieve a fair and transparent justice prices of rare earth products . He said that in addition to the price discovery function, Bo suppliers or potential buyers, sellers industries and enterprises , financing an ideal platform for financial goods , will provide trading , clearing, logistics, warehousing , regulatory and other services dealers.
Ganzhou City, Jiangxi Federation president Bin Gong : Rare earth oxide, dysprosium listed on China 's rare earth industry stable and healthy development of great significance
Gong Bin said , is one of the 15 rare earth dysprosium oxide rare earth elements play an important role in energy conservation and environmental protection, new materials and other applications. The rare earth industry is relatively small minority , the traditional trade is one-way communication between the enterprise and the absence of a reference price opaque pricing is also more casual. 2011-2012 , the price of rare earth oxide, dysprosium have more than 5000 yuan / kg, the ups and downs of price volatility is not conducive to the development of the whole industry . Rare earth dysprosium oxide in Bo suppliers such an open and transparent market listing , you can let the price sunshine . It is stable and healthy development of China's rare earth industry is important.
Jiangxi Ganzhou Federation Secretary-General Liu Changmin : Rare earth oxide and dysprosium are listed on the Bohai providers will promote the consolidation of China's rare earth market norms
Liu Changmin said rare earth oxide, dysprosium in Bo suppliers listed prices of rare earth products in favor of sunshine transparent , most significantly narrow the scope of price fluctuations up and down, so that the healthy and orderly development of the industry . He believes that the move to China rare earth market norms consolidation, will play an irreplaceable role in promoting. Ganzhou is very rich in mineral resources , heavy rare earth products in addition to important rare earth element dysprosium oxide as well as yttrium , lutetium, terbium and so on. The future will rely on cooperation with the Bohai Commodity Exchange , both sides win , continue to Ganzhou advantage of modern products to spot trading platform.
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