Rare WTO preliminary ruling against the industry governance at full speed

Rare loses WTO preliminary ruling , or to drop the tariff -free and quota

The evening of March 26 , Xinhua reported : WTO announced the United States, European Union, Japan v. China rare earths , tungsten, molybdenum export management measures related to the case of the panel report , ruled that the export control measures Chinese products involved violations. According to WTO rules , China's right to appeal within 60 , the final results will be made ​​within 3-4 months after . We believe that our country will remain unfavorable final results ( no successful appeal cases ) , or the future of China 's rare earth export quota will be canceled (about 30,000 tons / year ) and the reduction of tariffs ( 15% lighter weight 25% ) . Currently there are still illegal rare earth rare earth industry, illegal mining and smuggling problems, so if it can not be completed as soon as possible of the rare earth governance and integration , the future loss of tariffs and quotas , legal rare earth market will face a huge impact from the "Black RE ," the .
Smuggling , purchasing and storage , large- group integration , industry governance at full speed

Countries in order to better protect the environment and the rational use of rare earth resources, issued a series of comprehensive management policy . Government insists curb illegal smuggling of rare earth supply redundancy by RE digestion social stock purchasing and storage , to solve the problems left by history . In addition, the Chinese government has established a group of six led development pattern , on the rare earth industry to implement the integration of resources . Therefore, we believe that the government order to correspond to WTO litigation unfavorable outcome , the future of the rare earth industry is expected to accelerate the implementation of governance policies .

Industry fundamentals bottom, the recovery in overseas demand

The government still keep the pressure on rare earth smuggling status ( 14 years in Guangdong , Fujian and illegal mining by local after another into the penalty ) , due to higher market share of the original illegal rare earth (about 50% ) , so the supply -side crunch obvious. 14 years, rare earth downstream demand wind power , electric cars , LED phosphors and other industry recovery ; recovery in overseas demand, which obviously rare earth exports from January to February 2014 cumulative growth of 105% yoy . Therefore, we believe the fundamentals of the rare earth industry has been in 13 years in June ( Ganzhou Rare Earth smuggling ) with prices bottoming out , the future will be a sustained recovery in overseas stocks up , led by growth in demand and emerging needs .

Severity is different , the growth of the light rare earth king : With rare overseas projects coming on stream ( by the end of 2015 , about 30,000 tons ) , the future face of global competition , China will cost advantage in the global market to maintain a high share of the light rare earths .


Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

• < Prev
• Next >