Rare earth prices dip, unprofitable enterprises
- Details
- Category: Rare Earth News
- Published on Wednesday, 15 October 2014 14:29
At present, the majority of the rare earth market prices low volatility, lack of market demand for digestion, purchasing lower prices, partly reflecting the profit upside down supplier, shipping will is not strong.
Such as erbium oxide market Ganzhou area suppliers said this week 99.5% purity erbium oxide with ticket prices have dropped to 255,000 / ton, today there are businesses that received 99.9% erbium oxide procurement inquiries, but the purchase price is very low , with tickets only available to 260,000 yuan / ton, for such a low price, the businessmen said production at a loss, no profit.
Europium, terbium thin market conditions continue, merchants offer is not active, because the current difference in price in recent years has been low, the magnitude and speed of the downward price has been reduced, for the price trend of late, there are businesses that short period of low volatility or continue to dip still difficult to rise sharply.
Lanthanum, cerium products market, current market prices are still low steady, stable in dilute Exchange Association and the Baotou Rare Earth Cerium oxide recent price or slightly lower, basic prices are around 15,000 or more, according to the market, traders said 3N lanthanum oxide, cerium oxide with ticket prices stable at around 1.4,1.35 yuan / ton.
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