RE market demand is still light, upward price less than expected
- Details
- Category: Rare Earth News
- Published on Wednesday, 07 May 2014 14:31
Stable rare earth market today , a slight adjustment of individual businesses offer. Praseodymium , neodymium , dysprosium products no further significant price increases , according to industry reflects a number of suppliers , and now the market outlook is expected to turn to the conservative , limited by the demand , rising prices is difficult now . Some manufacturers said, " Now the price is less than expected , the thought will go up after May more violent ," now praseodymium , neodymium , dysprosium oxide trading conditions although a little preference points, but far enough to allow businesses to the point of satisfaction . The understanding , some market participants believe the market will improve in July and August , may usher in a wave big market, but there are other businesses that demand is not good this year , rare earth prices rose too difficult. There do NdFeB processing factories , said it has not increased offer, the most important is the downstream market is too light, the price is hard to go up .
Dysprosium oxide market , although these days there is a slight increase in the price of a little business , there are still some traders now reflect the actual transaction price is still 1.65 million yuan / ton, and without a major rally, Ganzhou other local traders to reflect & ldquo ; dysprosium oxide and this is probably not rise up, rise up and there is not the risk of falling prices . " The current market price of dysprosium oxide is still 165-170 yuan / ton, not much changes.
Many enterprises feedback sluggishness , demand is not good, just a little slight fluctuations did not bring much confidence to enhance the business. Also part of the oxide prices downward trend , as traders have lowered Ganzhou quote praseodymium oxide and erbium oxide , in the range of $ 5,000 / ton. Currently grass Shen praseodymium oxide market with ticket prices around 59-59.5 yuan / ton, erbium oxide at around 320,000 / ton.
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