Increase the number of rare earth mining enterprises listing price, waiting for the ground state purchasing and storage rumors
- Details
- Category: Rare Earth News
- Published on Thursday, 10 April 2014 16:26
Chinese exports of rare earths in the preliminary WTO Dispute occasion lost since April 2 , Minmetals Rare , Rising colored aluminum and rare earths in (Jiangsu ) companies have been way higher than the market average listing price of rare earth products , directly contributing to the some rare earth prices, two rare earth stock market-related collective "rosy ."
Insiders believe that behind this rumor closely with the national purchasing and storage of rare earth , some businesses have begun to stockpile the sidelines , waiting for the rare earth prices move up , however , under the demand is low, rare earth prices will eventually fall.
Shouchu renewed rumors
No listing for several months of rare earth enterprises , announced a new one rare earth oxide listing price . April 2 , Minmetals Rare Earth Research Institute Ltd. pioneered listed price of rare earth oxides , April 3 and April 4 , Rising ferrous and aluminum in rare earth ( Jiangsu ) Co., Ltd. have also announced the listing price of rare earth oxides .
Public information, April 2 Minmetals Rare Earth hanging ticket price : praseodymium , neodymium 360,000 yuan / ton, praseodymium oxide 600,000 yuan / ton, neodymium oxide 360,000 yuan / ton.
After a continuous increase on April 3 and 4 days , neodymium oxide, praseodymium Minmetals Rare Earth directly from 360,000 yuan / ton up to 385,000 yuan / ton , praseodymium oxide from 60 yuan / ton up to 640,000 yuan / ton, neodymium oxide from 36 yuan / ton up to 385,000 yuan / ton.
Disclosure of China Rare Earth Industry Association website price displayed , April 3 , praseodymium , neodymium price of 32 yuan to 334,000 yuan / ton , which means Minmetals Rare Earth Rising colored and about 15 % of the market price listed above .
" Now the market rumors of rare earth Shouchu lot , sources said on the 10th or the 11th state will be purchasing and storage , but a few days ago did not exactly news. "rare earth industry analyst Du Shuai soldiers on the" Daily Economic News " reporter said .
"A lot of businesses are in a wait state stockpile , hope after purchasing and storage price has pulled up the difference by making a profit . "Du Shuai Bing said .
Du Shuai soldiers analysts said the overall light downstream demand , the downstream demand of rare earth magnetic material is the greatest , and no great demand pulled , was the result of some rare earth prices rebounded to varying degrees , may be associated with purchasing and storage of rare earth market expectations related.
The rare earth industry analyst许海滨also said that "national purchasing and storage of rare earths can be determined basically the message , but the number and timing of specific species are yet to be finalized . "
" Listed companies here have not yet received the relevant notification , the listing price higher than the market price of around 10 %, with some rare Shouchu expected , if the State Reserve Shouchu will receive timely disclosure . " Minmetals Rare securities department official told reporters . Baotou Steel Rare Earth securities who have similar expressions .
Boost prices
World Trade Organization (WTO) panel report released recently rare cases , finds China 's rare earth export taxes and other related products and export quota management measures violations, for many years, rare earth export quotas will face cancellation .
In the downstream demand is low and Chinese exports of rare earths dispute case against the preliminary ruling under on the market to boost the state purchasing and storage of rare earth rare earth prices is also expected to gradually stronger.
In accordance with past practice, when the country usually commissioned at the end of large-scale enterprises purchasing and storage of rare earth , rare earth prices in the last half year the average price of purchasing and storage price . The rare earth rare earth companies to raise prices and consistent approach to its favorable results . But at the end of last year , the market expects the national RE Shouchu did not occur.
" Under the WTO case against the preliminary ruling , the state purchasing and storage of rare intensity may be larger, the rare earth prices pulled up, " Du handsome soldier , told reporters that " Thus, in the case of export quotas , prices can be higher . "
Meanwhile, Du Shuai soldiers think that the market is expected to drag on purchasing and storage of rare earth a long time , the market is more sluggish mentality parties , countries may wish to boost market confidence.
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