RE market is quiet, steady price weakness
- Details
- Category: Rare Earth News
- Published on Tuesday, 23 June 2015 15:09
Today, rare earth market continues steady, due to the current prices have been at a relatively low price shipping businesses continue substantial initiative is not strong, mainly watching the market, the market is still relatively deserted.
Currently praseodymium neodymium products market, the current low prices steady, praseodymium neodymium oxide with a vote 263,000 yuan / ton, praseodymium neodymium metal 350,000 yuan / ton. Praseodymium, neodymium oxide prices steady weakening single, neodymium oxide is currently focused on low prices, lower demand for light in recent months, although there are some vendors continue to wait and see because of the high cost of inventory, shipping is not positive, but the market is generally still oversupply, prices of raw materials is difficult to be supported within this month, the market is expected to remain difficult for the better immediately, a sharp rebound is still difficult.
Lanthanum, cerium low steady market, the spot market price and the price of cerium oxide Baotou Rare Earth Exchange fluctuations are not, as of 13:50 today, including the 3N dilute cerium oxide only 10.66 yuan / kg in June to Exchange oxide cerium relative volume dropped sharply last month, the spot market ceria offer is still 1.1-1.2 ten thousand yuan / ton, 4N lanthanum oxide 13,000 yuan / ton.
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