Baotou Rare Earth Stock Exchange next week soft opening "China price" will come out

After testing the waters simulated trading five months, Baotou Rare Earth Stock Exchange's recently announced through the official website , the 28th formal trial. Some experts said that the formation of Baotou Rare Earth Exchange main purpose is to stabilize prices and regulate trading behavior of rare earth products , establishing global pricing Chinese rare earth , rare earth pricing mechanism for the formation of China .

Exchange also announced the Baotou Rare Earth Matters transaction management approach , trading rules. According to the rules , the Baotou Rare Earth Stock Exchange will set up three kinds of trading patterns , including spot bidding , spot listing and online store . Variety of transactions including : cerium oxide, praseodymium , neodymium and europium oxide , and several other varieties.

Last November, the Baotou Rare Earth Exchange in simulated trading after " silent " Try the online trading platform to its online store completed three transactions . After the official opening of the Baotou Rare Earth Stock Exchange , trading conditions how interesting .

Registered capital of Baotou Rare Earth Exchange over a hundred million , a total of more than ten shareholders , the basic equality of each registered capital . Its shareholders are the Baotou Rare Earth , HNC , Xiamen Tungsten , Minmetals Rare Earth and so on. The industry generally believes that the establishment led by the Baotou Rare Earth Rare Exchange , attracted participation of rare earth enterprises in the South and the North , is the influence of domestic rare earth exchange in the largest and most extensive coverage of the exchange.

When the trial operation of the Baotou Rare Earth Exchange is the time for the results to be announced in the World Trade Organization (WTO) ruling RE litigation . Analysts believe that if the Chinese action failed, Forced government and enterprises will accelerate industry consolidation efforts. According to reports, as required , to adjust the new export tariff and quota policies can have a grace period of six months to one year , which may be no later than early 2015 RE tariffs, quotas fully liberalized .

Prior to this, the Chinese government needs to do a series of policy adjustments , so back to the past era of cabbage price of rare earth industry after release , these adjustments might include : combating illegal behavior of rare earth ; further promote the formation of large enterprise groups , from the source mining body control , the main export , small , scattered mess ; for LREE classified management ; mandatory production plans to play the role of markets ; establish rare earths purchasing and storage systems ; intends to introduce " rare regulations" and so on.


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