LED phosphor rare earth prices dropped by 52% -83%
- Details
- Category: Rare Earth News
- Published on Thursday, 10 April 2014 16:31
U.S., EU and Japan in 2012 to the World Trade Organization (WTO) complaint , which means that the continent restrict exports of rare earths is a violation of WTO rules in practice . WTO has made a ruling on March 26, 2014 , ruling on the complaint of state benefits .
Although the United States , the EU and Japan in the WTO to win the round , but in fact the same time early in their appeal , have already begun trying to reduce dependence on the mainland rare , once rare because the continent as a military and diplomatic negotiations outside chips. Up to rare earth imports from mainland Japan, for example , has sought to diversify alternatives , such as rare earth ore imported from Australia, India, investment in the production of rare earth, even to replace other materials such as rare earth , therefore , in the world's rare earth monopoly position in the continent decreasing , also led to rare earth prices fall.
From 2014 rare earth export quota for mainland point of view , representing a decrease of approximately 30% in 2013 , mainly due to exports of rare earths in 2013 is lower than the actual amount of that year 's quota , the 2014 quotas are adjusted accordingly . Also, according to industry research of rare earth observation monthly price changes associated with the LED cerium rare earth metals, metal yttrium , terbium oxide , in March 2014 the price was reduced rates were 38.1% , 0%, 41.3% , if the 2012 compared highs , down as much as 52 to 83 percent , this display with LED phosphors past tense situations expensive now appear soothing .
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