RE market deserted, businesses wait and see

Today, many of the rare earth market businesses said they did not adjust the price, because the upcoming holiday, and more cargo hold wait until after the holiday look.

After a two-day National Day in previous years the general market uncertainty, no offer on the market, offer steady or businesses primarily see attitude, but businesses continue to come back after the National Day rework is completed, the price will decline in the stock market, small holiday last year to 11 month, the price decline praseodymium neodymium metal have 2-3 million / ton. Praseodymium, neodymium metal prices earlier this year, when the lowest level in about 380,000 yuan / ton, now traded on the market price has dropped substantially or slightly below this level 1-2 thousand Yuan / ton, many suppliers are reflected in the business deserted , less profit, the bottom half is gradually emerging, or at least has been gradually approaching the bottom. Although there are many businesses still bearish outlook, but if last year's June 32, 33 yuan / ton such a low price is more difficult to appear. Many other rare varieties of price decline has been great, the latter becoming narrower decline slowed down speed greater possibilities.

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