RE market continues steady downturn in demand for most products

Smooth continuation of the rare earth market today, in addition to dysprosium, terbium prices relatively strong, most of the low prices steady or continue to decline, industry business, said, "not optimistic, the downstream market purchases is not strong, this year most of the business losses, factory traders are afraid to stock funds are now on hand to see the stock up. "Rare earth materials market in the doldrums, the downstream businesses do scrap purchase is also more cautious, Shandong, Guangdong and Shanghai, some do waste recycling businesses, said magnetic material is now head N35 price performance is quite low, the price of 65-70 yuan / kg, even less than 65 yuan / kg in the case of both, according to the recycling factory in Ningbo, said head now N35 block material prices have dropped to 75 yuan / kg.

Dysprosium, terbium oxide market, the recent suppliers generally offer higher, according to the manufacturers said the recent Ganzhou dysprosium difficult to purchase, some will not consider shipping cargo operators with a higher offer or continue to rise. According to the Shanghai area vendors said, because without considering the recent shipments, quotes follow the mainstream raised 1.48 million yuan / ton. With the upward price of dysprosium oxide, dysprosium iron prices have been increased, according to Ganzhou businessmen said the actual turnover of 148 million price, the offer is more than up to 1.5 million and above.

Light rare earth market lanthanum, cerium, praseodymium, neodymium and other current prices temporarily steady, no significant fluctuations in the market, currently lanthanum oxide, cerium oxide with tickets 13,000 yuan / ton, the market price of praseodymium oxide, more chaos, there are businesses in Shanghai expressed with votes at about 420,000 yuan / ton. Neodymium oxide prices continue steady, market outlook is expected to hold still in the doldrums mainly weak.


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