RE prices continued light, the market traded in the doldrums
- Details
- Category: Rare Earth News
- Published on Friday, 27 March 2015 15:21
RE market continued light, low volumes, more than a continuation of last week's weak product prices this week, including dysprosium products prices showed a larger decline. This week more than one oxide transaction price decline, such as praseodymium, neodymium, erbium oxide, some suppliers of the transaction price or offer lower than last week about -1 5,000 yuan / ton, europium, terbium oxides have adjusted in the range of 50-150 yuan / kg, close to the weekend the majority of oxide prices temporarily stabilized steady, but the outlook is still possible to run further disadvantaged. Lanthanum, cerium oxides continue to remain low, 3N5 lanthanum oxide remained at around 13,500 yuan / ton, about 3N ceria 1.15-1.2 yuan / ton.
Currently the price of dysprosium from last weekend's 180-185 yuan / ton to the current 172-175 ten thousand yuan / ton, while today, according to industry and individual businesses to reflect the lower prices now dysprosium already approaching 1.7 million yuan / ton, suppliers are willing to take the goods smoothly none further price cuts, the recent price of dysprosium has repeatedly declined to allow some businesses worry wait hold stocks continue to fall shipments will increase in the afternoon, there are still some businesses bearish outlook on the market.
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