RE offer steady mainly watching the market businesses

Today, the market price of rare earth remains steady mainly businessmen watching the market, and the prices of light. Ministry of Finance website recently announced clear from May 1 rare earth export tariffs will be eliminated. Back in January this year, the Ministry of Commerce in 2015 for the first time a regular press conference, the Ministry of Commerce spokesman Shen Danyang said that according to changes in domestic and international market development, and approval of the State Council, the Ministry of Commerce decided to January 1 from 2015 Japan began to cancel export quotas management, and retention of export tariffs, until May 2, 2015.

Clearly caused some businesses export tariff policy concerns, but to respond to the market is not obvious. At present, some businesses understand by now, some market participants to cancel export tariffs are not particularly concerned about "the profit earned or will lose a point when no less," some market participants believe that the abolition of tariffs will certainly market impact, but "the day before the offer or the continuation of the price will remain stable. Look what the situation late resource tax, up to now there is no official news." Market sentiment is slightly different, but the overall export duties cancellation did not cause too much impact on the current price, corporate watching the market, follow the market trading.

From January Commerce Department export duties reserved to notice May 2, which more than three months of rare earth market has experienced a wave of ups and downs, and higher gains only individual species alone abolish export tariffs, has been very difficult to RE market downturn much impact. May approaches, if the outlook is no other good policies, according to the current demand situation, the abolition of tariffs on exports of rare earths, you may cause a positive impact on exports, but the export of rare earth prices are still likely to face decline, international and domestic prices closer to the overall international and domestic oversupply situation will not change. If there are other good policy outlook as tax reform or purchasing and storage policy measures such as the introduction of salvage, rare earth prices are expected to rise even get support, but long term, it also depends on changes in the price of rare earth domestic and international acceptance and demand-side manufacturers of living space, the future can no longer rare earth prices spike.


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