Domestic exports of rare earth prices steady rise

Domestic rare earth market overall light steady on Monday supplier of rare earth market price quoted over the weekend continue to wait and see and then offer or representation, the overall market turnover is not active.

November exports of rare earths, according to Chinese customs data showed, in November of rare earth exports in November last year, the chain than having both a substantial rise in October this year. Total exports from January to November 2014 has exceeded the total amount of annual export 2373 tons in 2013, but the export value, fell by 33.2% YoY (in US dollars).

Recent magnetic product prices remain steady, as the factory in Guangdong, said N grades now and cylinder block and did not adjust the price, because the current prices have been at a very low level, plus the price of raw materials procurement does not appear much of the increase. While dysprosium oxide and dysprosium iron prices rose sharply in the early, but not for low-performance magnetic products affected. The current market price of metal and oxide, praseodymium, neodymium, praseodymium, neodymium remains steady at the weekend price, praseodymium, neodymium metal quoted 360,000 yuan / ton, praseodymium, neodymium 280,000 yuan / ton.

Lanthanum, cerium oxide temporarily lower the market price held steady, the first 10 months of total exports accounted for both customs have released the name of the column total exports oxide above 9 percent, although this year's exports continue to increase, but most still export light rare earth-based, so the export value downward trend.

Praseodymium, neodymium oxide market today offer no significant ups and downs, the downstream business demand procurement, inquiries relative dysprosium, terbium and gadolinium, are still relatively light today, according to some traders offer Ganzhou grass Shen praseodymium oxide with tickets still at 40 yuan / ton price.


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