Demand continues to decline, rare earth prices steady downturn

On Monday the business offer rare earth market continues to hold steady, despite the rare earth market reflect discontinued businesses more, but because there is no demand for rare earths market is still light-based, individual product prices continue to decline.

Recently europium, lutetium oxide market demand lighter, between traders offer a certain gap, traders said there Ganzhou europium oxide is now quoted at 1,800 yuan / kg, but I heard a low europium oxide has reported 1650 yuan / kg situation. Lutetium oxide market due to poor demand, less procurement inquiries, traders find goods also kept the price low, according to market sources, lutetium oxide with tickets now at 6000-6200 yuan / kg, but cheap Paohuo may be sold for 5600,5700 yuan / kg.

Dysprosium class estate market, currently dominated market continues to hold steady, suppliers offer too little adjustment, according to Ganzhou traders said dysprosium now with votes or 155 yuan / ton, 1.57 million yuan with votes dysprosium iron / ton, the price was essentially flat with last week quoted in the mainstream.

Lanthanum, cerium oxide market prices remain low, cerium oxide suppliers offer more concentrated in the 1.15-1.25 yuan / ton price, lanthanum oxide prices similar or slightly higher offer, today dilute the package price of cerium oxide has not exceeded 1.2 yuan / kg, as of 13:50 ceria price is only 11.81 yuan / kg, the volume of 31.7 tons, metal lanthanum, cerium recent market price adjustment is not too large, because the production cost constraints, only a favorable supplier.


Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

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