RE prices or stable or down, traders watching the market
- Details
- Category: Rare Earth News
- Published on Thursday, 02 July 2015 15:45
Today, little change in the rare earth market, the downstream inquiry procurement is not active, traders watching the market, low-priced goods consultation enthusiasm is not high, the transaction is not active. Pr-Nd mixed oxide recent sharp decline, the price hit record lows for the year, praseodymium, neodymium oxide single price inquiry less, merchants offer weak steady turnover less. Other oxides such as gadolinium transaction price is still little decrease, the current low price of gadolinium oxide has dropped to 70,000 yuan / ton in the vicinity, according to Ganzhou suppliers say prices available now 72,000, down $ 2,000 over the previous / ton .
Dysprosium products have been falling, not only lower the minimum last year fell to the lowest bit of dysprosium about 1.38 million yuan / ton, while last year's third and fourth quarter dysprosium 140-145 ten thousand yuan in long-term / low transaction ton, according to some Businesses that dysprosium is currently not expected to fall to 1.3 million so low, but the market stabilized temporarily no signs of the mainstream transaction price has to 141,142 yuan / ton, the latter fell to 1.4 million less likely. Some businesses currently hold stocks to watch dysprosium not ship or with the mainstream price. With dysprosium, dysprosium iron prices have fallen sharply, the current price of dysprosium has dropped to 200 yuan / ton or less, close to the lowest point in October 2014 during the hit, according to the China Rare Earth Industry Association's latest offer dysprosium metal has dropped 190- 2,000,000 yuan / ton.
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