Rare Shouchu second round of negotiations

It is understood that the second round of rare earth Shouchu ongoing negotiations are expected to finalize the details of the next purchasing and storage price. After a continuous decline in the fourth quarter of 2013 , the current level of rare earth prices are close to the bottom in mid- 2013 period. In Shouchu expected strong background , the recent rise of rare earth prices already crashed . Last week, the light and heavy rare earths fully rebound , lanthanum oxide, dysprosium rose 2.7% , 2.1 %.

From the historical data , 1- February is the off-season demand for rare earths , 3-5 ring usually have significantly increased the amount of monthly exports of rare earths . Analysts expect the gradual recovery after the Spring Festival downstream demand , 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.

In addition, the Ministry of Industry and Raw Materials Division also recently released the " 2013 economic operation of the rare earth industry ," and working to deploy this year , the rare earth resource utilization management requirements specification , the rare earth utilization projects ( waste recycling , recycling Overlaid mine rescue , etc. ) included in the total production control plan management , focusing allocated to the newly formed six major rare earth enterprise groups.

Analysts believe that if a quarter of the state purchasing and storage plan implemented gradually phased corresponding rare earth prices are currently at the bottom . Chinese New Year optimism after rare-earth prices are expected to determine the uplink , price increases in the coming quarter is expected to reach about 15%.

Analysts said that the rare earth processing stack Ministry Shouchu expected to promote further large group of rare earth , rare earth prices are expected steady upward trend in the future , especially in a time when traditional sales season in March and April , rare earth prices will show more strong ; coupled with Tesla ready to invest ten billion U.S. dollars to build a super battery factory , constantly developing new energy vehicles will continue to push up demand for rare earths , and thus the market price of rare earth stocks can be expected .


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