Most rare earth prices continue downward, the market outlook remains bearish

Most of the rare earth market prices still continued downward trend, according to industry many businesses, said the market outlook remains bearish, prices still continue to believe that downside. Insiders believe that as prices fall, profit compression, illegal operations by private mine operators of small businesses will also be affected, with the further decline in the price outlook, years ago, will increase the probability of the market to stabilize. Another industry suppliers consider constrained by the impact of the global supply volume trends and national policies, the past two years there will not be a big market ups and downs.

For the increasingly lower prices, many companies tucao market too light, almost no demand or enterprise too difficult to survive. Today, cerium, praseodymium, neodymium, europium, terbium, dysprosium, gadolinium and other products have different rate decline, and the short-term may be difficult to climb, the downturn shock situation will continue.

Dysprosium, gadolinium has not stopped falling prices fell slightly, businesses, said the market outlook remains bearish, dysprosium oxide gradually reduced from the current 143, 145 yuan / ton this price to around 140-142 yuan / ton, steady price quote dysprosium iron or continue fell 10,000 yuan / ton. The current gadolinium products such as gadolinium oxide with ticket prices have been approaching 100,000 yuan / ton, a another year low. With the compression of business profits, the market outlook is less space for lower and lower prices of some products, the opportunity to increase the rebound, but still need to be in time, because increased demand is pushing prices have hands.

Praseodymium neodymium products, currently praseodymium neodymium oxide, praseodymium and neodymium metal were slightly down, although prices have dropped, but vendors generally reflect very little turnover. Currently praseodymium neodymium metal band ticket offer has dropped to a low of 380,000 yuan / ton, praseodymium, neodymium with tickets also down about 295,000 yuan / ton. According to Ganzhou supplier represents the actual volume less, the price praseodymium, neodymium metal with no votes 330,000 / ton, praseodymium, neodymium oxide with no votes 258,000 yuan / ton.

 

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