RE prices dip again, weak market
- Details
- Category: Rare Earth News
- Published on Tuesday, 28 October 2014 15:58
Today, the rare earth market price held steady or continued low volatility down, the price repeatedly dip, a weak market. Praseodymium, neodymium products, currently single oxide because of poor demand, fewer inquiries, contract situation is not satisfactory, the price is also little decrease. To steady this week, neodymium oxide prices low or continue to fall, there are price adjustment, the range of -1 5,000 yuan / ton, the mainstream market fell to around 265,000 yuan / ton. Pr-Nd mixed oxide has some inquiries, but the price has dropped to 280,000 yuan / ton and below, the relative decline in the last week, about $ 5,000 / ton, while the praseodymium neodymium metal market there are some low turnover, according to Ganzhou area manufacturers now reflect the market price at between 36-36.5 yuan / ton.
Gadolinium products, this year gadolinium oxide and gadolinium iron prices are not only lower the minimum current gadolinium oxide with ticket prices have dropped more than 80,000, fell in 2011 the initial price. Back in August and September because of concerns the price outlook continues to decline, some businesses choose to wait and see clearing stock market, gadolinium oxide and gadolinium iron market is limited profit, businesses profit upside down or have been faced with the situation upside down, or continue down the price outlook.
Europium, terbium oxide market's recent price rebound is not now, europium oxide low volatility, traders now to offer their own has dropped to 2200 yuan / kg, terbium oxide slight fluctuations in the past two weeks, the adjustment range of 50-100 yuan / kg, according to Ganzhou some businesses today expressed terbium oxide with tickets currently about 2550 yuan / kg.
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