Rare earth reserves will start, with the market expected flat

Reporter from the industry was informed, rare earth and this year has started, the quantity and the price collection has been determined. Among them, reserves and market expectations of basic fairness, Shouchu prices than the market price to rise. According to the insiders, Shouchu prices is expected to have a certain stimulating effect on the rare earth price downturn.

Storage of about 10000 tons of total

According to industry sources, rare earth and formally opened in July 31st, a total of 10090 tons of storage. The praseodymium neodymium oxide 4000 tons, close store the price is 321000 yuan / ton; praseodymium oxide 500 tons, close store the price is 583000 yuan / ton; neodymium oxide 500 tons, close store the price is 312000 yuan / ton; dysprosium oxide 1200 tons, close store the price is 1691000 yuan / ton; europium oxide 500 tons, close store the price is 4129000 yuan / ton; terbium oxide 500 tons, close store the price is 3303000 yuan / ton; erbium oxide 300 tons, close store the price is 332000 yuan / ton; yttrium oxide 2500 tons, close store the price is 54000 yuan / ton; lutecium oxide 90 tons, close store the price is 8427000 yuan / ton.

Since the beginning of this year the price of rare earth through long adjustment. According to the Chinese rare earth industry association data disclosed in August 1st, rare earth price index for the 148.3, and the beginning of the year when the index is close to 180; praseodymium neodymium oxide price is about 293000-305000 yuan / ton. At the beginning of the year is about 320000 yuan / ton.

Some analysts said, rare earth prices have long time adjustment, if the purchase price higher than the market price, will have a certain stimulating effect on the prices of rare earths in the future, the price is expected to rebound. But because of the downstream demand is relatively low, rare earth prices in the short term difficult to have too big rise.

In fact, the rare earth prices continue to decline has had an impact on the performance of some rare earth enterprises. Rare earth minerals expected losses in the first half of 40000000 yuan -4500 yuan. The company said, rare earth market remains in the doldrums, rare earth products sales volume year-on-year decline, and the selling price of rare earth products continued to decline to some products appear obvious signs of impairment provision for the provision of inventory.

Notable is, from a practical point of view and behavior for the prices will have a certain stimulating effect. The recent Shouchu price of molybdenum oxide, molybdenum concentrate to rise. Shenyin Wanguo research shows, the Bureau and the molybdenum oxide, industry leading enterprises to purchase a large number of raw materials and other trends, make the domestic market confidence, and have raised the price. 5% main molybdenum concentrate market price is in 1330 yuan -1350 yuan / ton, 47% main molybdenum concentrate price is in 1430 yuan -1450 yuan / ton, rose about 10 yuan -20 yuan. The rare earth market mentality also began to pick up, prices gradually stabilized.

Cite boost market

As an important strategic resource, rare earth has been widely used in many fields of industry, new energy and information etc.. Although other countries to accelerate the development of rare earth resources, but in the short term, is still difficult to get rid of the Chinese overseas rare earth especially heavy rare earth supply dependence.

However, China's export policy is facing heavy pressure. In March WTO ruled China in violation of the provisions of the export of rare earth WTO compulsory measures, the EU, Japan, American proceedings. WTO originally released in June 24th the case report, but because the number of participants, the number and complexity of this problem is increasing, WTO decided in August 7th before the report issued to members.

The industry is expected, action cut regularly coming, policy of export quotas on rare earth products China cancelled shortly. But the current domestic rare earth spot prices lower than foreign markets, export quota liberalization will make the strategic resources of cheap loss. In order to avoid this disadvantage, rare-earth low price situation must be reversed.

At present, our country is through a series of measures to establish long-term mechanism of rare earth policy, aiming at the market of illegal exploitation of chaos, increase “ anti ” strength, rare earth industry association also improved the report mechanism of rare earth elements in wrongdoing, and through the reform of resource taxes, environmental protection means to improve the rare earth production cost. At the same time, the domestic rare earth industry continue to accelerate the pace of integration also.

Market analysis, a series of long-term mechanism is expected to make the heavy rare earth production cost increase, supply continued to tighten. Rare earth integration present more based on the horizontal and vertical integration of industry, the future change of commercial pattern of rare earth industry will still be the direction.


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