Multiple rare earth products prices continue to rise merchants bullish outlook
- Details
- Category: Rare Earth News
- Published on Friday, 30 January 2015 14:33
This week most of the rare earth market or stable or rising prices, a number of trends in product prices significantly, there are businesses that offer prices may not be indicative of active demand, but at least that the market's expectations of a better outlook, many businesses are still bullish outlook.
Currently praseodymium neodymium products market, praseodymium, neodymium oxide, praseodymium and neodymium metal supplier bullish still reluctant to sell, offer more frequent adjustments. Today, there are businesses continue to offer up, the larger the magnitude of the gap. According to the supplier in Shanghai now praseodymium, neodymium metal band tickets have been adjusted from 373,000 to 375,000 yuan / ton, the weekend quoted at 368,000 yuan / ton. And Ganzhou represent a supplier with a vote now have to report 380,000 yuan / ton, there are other local traders said the price is higher than the price of the mainstream, but also with respect to the business late neodymium praseodymium might also rose. Current price relative to the weekend or about 5,000 -1 Wan / ton. Neodymium praseodymium oxide market, according to traders reflect Ganzhou prices are still 290,000 yuan / ton, traders said there are other industry today continue to hike three thousand dollars / ton to 293,000 yuan.
This week dysprosium, terbium, gadolinium, europium, erbium and other products offer different ranges also rose, including dysprosium, terbium oxide, rose more significant. Gadolinium oxide relative price quoted last week there are 2-5 thousand Yuan / ton increase, the current mainstream market quotations about 7.8-8 yuan / ton. Praseodymium, neodymium oxide single market prices also rose steadily, near the end of the year, reducing the supply of low-cost suppliers, coupled with the market outlook is expected to turn positive, shipping prices raise 5,000 -1 Wan / ton.
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