Rare earth prices remained relatively stable, demand difficult to improve

Recently, discussions about China will abolish export restrictions, tariffs have been on the rise. This year in March, the World Trade Organization expert group preliminary ruling, illegal rare earth export policy of China, the foreign media that Chinese will cancel export restrictions. However, the Ministry of land and resources has recently issued a notice said, will continue to implement the rare earth ore and tungsten quota of total control management.

In this regard, the fund's chief strategy analysts and fund managers said Yang Delong, 90% of the world's rare earth is in China production, but not in the Chinese pricing power, because the main users are the developed countries such as America and Europe, so Chinese rare earth prices have been very low. In order to improve the rare earth prices, our country to control the export quantity, prevent export volume, so prices have not.

He pointed out that, because of the rare earth resources are scarce, but also one of Chinese advantage resources, China in oil has no control power, and a certain monopoly advantage in rare earth production, so in terms of price has implemented total amount control. However, since there are no strict limit, so the foreign media rumors did not realize, rare earth prices have remained relatively stable, and did not appear to rise sharply. He expected, continue to implement the total control will also continue to maintain price stability, the short term will not lead to the rare earth prices rose sharply, so the related stocks will be short-term opportunities, but the space is not great, after all, the current global economic situation is not optimistic, demand is not very big promotion.


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