Some enterprises to stop production outlook indicator exhaustion strong rare earth Shouchu expected

MIIT focus RE province held January 28 (district) and corporate conference to further clarify the intent of the integration of rare earth, rare earth smelting and separation index will also be a large group of six rare earth concentrate, rare earth industry will usher in a new development pattern.

Because 2014 index of rare earth smelting and separation exhausted yet issued 2015 index, the current majority of the rare earth smelting and separation at the cut-off state enterprises. Sources close to Minmetals Rare Earth (000831.SZ) have great wisdom news agency said on Monday, under the red and gold of rare earth Minmetals rare, given the South China rare earths are currently at the cut-off state, will start by the end of March.

From November 2014 rare earth prices began to rebound, terbium oxide, dysprosium gainers. China Rare Earth Industry Association statistics show that dysprosium since November 2014 rose 14%, terbium oxide prices rose 36.5%.

RE prices continued to rebound, but less spot market transactions. The person said that the current in addition to much-needed funds will be shipping companies, most companies do not rush shipments, traders and companies are optimistic about the market in 2015. He further said, "dysprosium highest sell 15 million yuan / ton, about the current price of about 160 yuan / ton, is also doubling the downstream enterprises can afford." These people believe that with the coming season as well as purchasing and storage of expectations, dysprosium, terbium, praseodymium, neodymium and other key products market outlook is still upward momentum.


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