Volume was light rare earth prices flat

This week the rare earth market conditions continue Qudan, stable suppliers offer or continue to cut prices, volume was light, lack of orders. Although the late-related messages about purchasing and storage of it, but yet has a significant impact on the market.

This week, praseodymium, neodymium, erbium, gadolinium oxide cargo hold steady or continued to fall in price quotations, such as gadolinium oxide is currently poor demand, Ganzhou supplier said gadolinium oxide with tickets now 105,000 yuan / ton can be traded, not with ticket prices at 92,000 yuan / ton in the vicinity, while other local suppliers, although there are also slightly adjusted the prices, but remained at 110,000 yuan / ton. Praseodymium, neodymium, erbium oxide such as quotations downward adjustment in less than five thousand dollars a basic / ton, suppliers profits further compressed, generally reflect the difficult business environment.

This week lanthanum, cerium products prices are low volatility, oxides aspects quote last week was still 1.5 yuan / ton or higher partial cargo operators who offer this week, appeared slightly downward. Week to Baotou Rare Earth Cerium oxide trading off the exchange, sometimes without quotes, when the downward price trend is more obvious, yesterday's closing price of 17.4 yuan has moved from Monday / kg fell to 16.5 yuan / kg. Lanthanum cerium mixed metal belt ticket prices generally fell current 40,000 yuan / ton, according to this week, with traders understand and dilute associations offer, now lanthanum cerium mixed metal has dropped to 3.5-3.7 yuan / ton nearby, lanthanum, cerium single metal prices have also edged downward trend based.

Praseodymium, neodymium, dysprosium products market, offer strong this week, the situation has continued to decline offer. Baotou region as the supplier of praseodymium neodymium metal is now without a ticket has dropped to 332,000 yuan / ton, while parts of Ganzhou with suppliers to understand, praseodymium, neodymium metal without a ticket is steady at around 33.8-34 yuan / ton , with tickets aspects have Ganzhou supplier said prices have dropped to 380,000 yuan / ton, but also Ganzhou, Jiangsu suppliers offer is still 390,000 yuan / ton situation. Dysprosium class production market, dysprosium low prices at around 1.4 million yuan / ton, the very high price of 143-145 yuan / ton. Individual traders holding cost is still high, even at the present high price of 1.45 million shipments also lost a lot, so temporarily watching the market, wait for shipping time.


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