2015 will be the beginning of the return of the rare earth market value

RE prices since December 2014 has bottomed out rebounded slightly, China Rare Earth Industry Association price index, the price index of rare earth lowest since December last year rose to 133.5 points on March 23 high of 151.4, also recently pulled back slightly to 140 around point, Deputy Secretary-General Chen Zhanheng China Rare Earth Industry Association, said 2015 will be the beginning of the return of the rare earth market value.

陈占恒 made the remarks at the 2015 International Rare Earth Industry Symposium held on the 9th, he believes that the macro level, as the economy recovers growth is expected in end-market demand for rare earths will correspondingly increase. Praseodymium, neodymium, dysprosium, terbium, etc. associated with the rare earth permanent magnet products prices will keep rising and the supply and demand trends and adapt. However, lanthanum, cerium, yttrium due to large production, lack of upward momentum, yet continue to develop applications.

Many business people are meeting for rare great wisdom (29.70, 0.00, 0.00%) news agency said that since the second half of 2014 rare earth market decline significantly, the current spot transaction, although still rare deserted, but praseodymium, neodymium, and other products are still in short supply, market supply scarce, businesses reluctant to sell.

At the policy level, the rare earth resources tax levied by the amount of change from the current ad valorem, after the implementation of new environmental law, corporate environmental investment increase will raise the price of rare earth products at the bottom. Export quotas and export duties cancellation will facilitate the growth of rare earth exports, the export structure may be some changes, especially the export of europium, terbium, dysprosium, neodymium, praseodymium likely significant growth.

In addition, the integration of large groups gradually put in place, on the rare earth recycling business rectification to crack down on the illegal exploitation of rare earth, rare earth industry development environment will allow effective purification.


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