Rare earth demand is low, prices continue weak run

RE market quotations Monday of each product is almost flat, some businesses still reflect depreciation trend inquiry received recent orders less positive on the outlook difficult to forecast. Another business that because the stock market has ups and downs, market attention is now rare decline, customers in addition to the inquiry is to discuss the stock market.

Praseodymium neodymium products market, praseodymium neodymium metal prices generally at 330,000 yuan / ton, the market lower offer in 325,000 yuan / ton. Neodymium oxide, praseodymium market, according to Ganzhou traders said many of them now offer 250,000 or less, and the prices are still bottom, there are still some traders say now quoted at 250,000 yuan / ton, the price dropped by another, it is difficult to favorable shipping .

Customs today announced the latest rare earth export data, in June the number of exports were up nearly 23 percent, the average price of 83,200 yuan month export / ton, compared to the May average export price of 74,200 yuan / ton rose significantly. But the first half of the export volume, export volume fell year on year, with exports to reduce the rate of 15.9%, the average price of 75,900 yuan in the first half of rare earth export / ton, the first half-year 2014 average export price 88,900 yuan / ton fell sharply.


Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

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