Rare earth neodymium praseodymium prices stabilized stabilized or edged
- Details
- Category: Rare Earth News
- Published on Friday, 17 April 2015 14:52
RE prices remain stable this week, the main part of the business minor adjustments based on changes in stock quotes, have ups and downs, the market focused on the variety of praseodymium, neodymium, dysprosium products prices have stabilized, with the change of outlook is expected, and some businesses even raised its offer praseodymium and neodymium metal oxide, praseodymium, neodymium, and the overall market changed little, but the market is expected to improve again.
This week terbium oxide prices fell slightly, in the range of 50-100 yuan / kg, businesses that have no market price situation changed little. Overall steady this week, gadolinium oxide, some businesses cut $ 1,000 / ton, but there are circumstances traders raised offer, on the whole offer is still 8.3-8.6 ten thousand yuan / ton. Other oxides such as lanthanum, cerium, europium, yttrium, praseodymium, neodymium and other remained stable.
China Rare Earth Industry Association recently released a set of data, said 2011 profit after a year of decline in the rare earth industry, to 2014 or even a situation common throughout the industry losses, the main reason for this situation is that rare earth prices have fallen sharply. Nearly two months of rare earth market has experienced a wave of up and down, thus strong industry demand for higher prices. Recently, the State Council decided in a nationwide clean-up specification SheQi charges down coal-fired power tariff and commercial and industrial electricity prices, and shall be appropriate to reduce the proportion of iron ore resource tax levy, Take Measures to reduce the burden on enterprises, support the real economy. RE prices will be welcomed, and the current initiative is the most efficient fast resource tax reform, export tariff policy implementation date as of May 2, approaching the key point in time, when the rare earth-related tax policy trends most likely to favorable rare earth prices rise in the direction of change.
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