Light rare earth market downturn, prices mixed
- Details
- Category: Rare Earth News
- Published on Tuesday, 18 November 2014 17:05
The current downturn in light rare earth market, prices were mixed, watching the market's bullish outlook, continued bearish market active shipments, price continued to decline in the case are, on the whole rose less stable or downward more.
Europium, terbium oxide market, the recent europium oxide market was in the doldrums, according to industry businesses that only the actual transaction price of about 1,900 yuan / kg, some traders said the pressure before the goods are now out of a loss, so will offer a smooth at 2000 yuan / kg. Terbium oxide market price remained at around 2,700 yuan / kg, small changes in the market, some businesses that surged more difficult.
Gadolinium products down indefinitely, gadolinium oxide and gadolinium iron prices continue to enter the lower levels of the year, according to Ganzhou area gadolinium oxide traders said the actual transaction price has now dropped to 70,000 yuan / ton, other local vendors offer remained unchanged at 72,000 / ton.
Praseodymium neodymium products, currently praseodymium neodymium oxide, praseodymium, neodymium metal and a small drop stable oxide prices have reduced the magnitude of 1-2 thousand Yuan / ton, neodymium oxide, praseodymium with no ticket price dropped 240,000 yuan / ton, the actual the trading price of around 238,000 yuan / ton. Praseodymium neodymium metal prices continue to decline approaching 350,000 yuan / ton, with no ticket price also dropped to 310,000 yuan / ton, according to Ganzhou area, said a supplier now praseodymium, neodymium metal with no ticket prices reported at 307,000 yuan / ton.
Dysprosium products market, traders said, according to Ganzhou mainstream with ticket prices now around 1.45 million yuan / ton, the mainstream market becoming slightly upward, and another supplier in Shanghai, said the industry has a 1,440 yuan / kg of shipping prices, but volume than small. Before the offer at 1.45 million part / ton hike businesses have the intention to disclose, in addition to already have suppliers will quote from last week raised about 1,430,000 146,147 yuan / ton.
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