Both north and south China rare earth pricing collusion Exchange

Rare WTO ruling appeal lawsuit June 26 in the end. Over this time, China's rare earth export Deal or will soon be launched. While China's rare earth export policy on the WTO ruling appealed violations, but many people in the industry are expected to only accept the ruling. Chinese Society of Rare Earths experts said that thing about rare earth export restrictions to cancel no conclusion, the current tends to cancel part of the light rare earth export quotas; heavy rare part or to appropriate restrictions, tariffs can not be completely eliminated.

Since March this year, a series of favorable policies to emerge, such as rare earth strategic reserve, rare earth resource tax increase is expected to become more uncertain futures and other rare earths. In this context, a north-south two meetings, with the establishment of a North-South two early rare earth trading platform, is expected to constitute the country's rare earth industry to seek international voice sounds good.

Public information, the distribution of rare earth resources in China can be divided into north and south probably categories. North to the light rare earth-based, with heavy rare earth-based Southern. In terms of resources and industrial chain, called "rare earth" of the header, light rare earth reserves account for 87% of domestic reserves. Relying on resources, form a perfect pattern of development of rare earth industry, has from rare earth mineral processing, smelting, separation, scientific research, processing to the application of the industrial chain.

In terms of rare earth pricing control, both north and south of the market also applied a variety of methods to try. In 2009, the Baotou Rare Earth High-tech Zone Joint Baotou Steel Rare Earth and other seven companies jointly established the Baotou Rare Earth International Trade Company, Baotou rare earth mine production purchase and sale of rare earth oxides and rare earth metals to achieve.

However, the creation of the Exchange will be able to achieve the rare earth product pricing? In fact, whether they have an exchange listed commodity pricing, depending on the mechanism involved in the design and trade groups, the two should complement each other.

Industry insiders say the north-south trading patterns and information exchange standards are published and public-transparent and easier for traders or investors in the transaction true price discovery of rare earth resources. Two rare earth trading platform echoes the north and south, with the expansion of the scale of the transaction, will to some extent curb domestic rare earth market has long internal fighting vicious competition, and gradually won the right to speak.

Danger, how to maintain China's rare earth products in the international market competitiveness has become an important problem to be solved. For now, a rare earth seeking international discourse battle has begun.


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