Recently, there have been reports of rare earth country ten billion on purchasing and storage plan in October , but the Chinese Society of Rare Earths expert Xu Guangyao , deputy head , said: "It was carried out in June and July will Shouchu work, but have not been finalized, purchasing and storage which varieties to what price , what companies involved did not finalized and is still sectoral consultation with the relevant units . However, purchasing and storage of relevant work already underway. "

Xu Guangyao said: "The ability to work in October to carry out purchasing and storage , but also the progress of the work . "But there are rare earth companies who said that no matter what time purchasing and storage , the beneficiaries are always big business.

Serious oversupply Shouchu boost confidence

Rare earth industry generally believe that the current oversupply situation rare earth industry is more serious , rare earth enterprises purchasing and storage to let some gain , boost market confidence.

Xu Guangyao said that at present a large product inventory of rare earth , with an estimated yield of stocks equivalent to one year ( planned volume ) at 10 million tons. Ministry of Industry and Information Technology Vice Minister Su Bo , held in the first half of this year China Rare Earth Industry Association Conference, said that in 2012 planned 93,800 tons of rare earth minerals ( rare earth oxides ) , the actual production of 76,000 tons ; rare earth smelting and separation product plans 90,400 tons , the actual production of 82,000 tons . Does not include illegal production.

China is a big country of rare earth resources , accounting for 23 percent of the world total , but it took more than 90% of the world market supply . The current global production capacity of rare earth minerals , including private , including about 200,000 -30 million tons, while the global demand for rare earths is more than ten million tons, much higher than the supply demand .

Statistics show that the rare earth permanent magnet plate 32 listed companies in the first half of this year, the total profit of 2.556 billion yuan , with 2012 profit of 4.846 billion yuan over the same period dropped 47 percent compared ; while adding to the inventory of excess capacity slow , resulting in an accounts receivable listed companies rose three percent.

32 listed companies in the rare earth sector , 5 losses , 27 remain profitable , but the general decline in earnings . Data show that 32 first-half revenues of 123.55 billion yuan , an increase of only 1.4% ; net profit of 2.556 billion yuan , down 47%.

China Nonferrous Metals Association, Chen complete training that more serious overcapacity rare , less than 40% capacity utilization . China Rare Earth Association, Gan Yong said that the current production capacity of rare earth permanent magnet materials 300,000 tons, annual output of 80,000 tons , less than 30% capacity utilization .

There are rare earth companies said that the surplus , to two aspects , a number of large enterprises funded, is gradually build the industrial chain , their impact is not large surplus ; while some small businesses and private mines , the situation is bad, six- month shutdown has started , these companies have been very cautious , and the impact of excess is acceptable . More is planned excess overcapacity .

Improve the purchasing and storage mechanisms

The rare earth enterprises said that rare earth market is not good , the state will pay the big companies will make money, not lose money , and the purchasing and storage price is higher than the market price.

Some analysts introduced last year, purchasing and storage , the state selected several rare earth enterprises , invite several companies on the amount and price of rare earth acquisition bid after the bidding companies to collect rare and self- preservation, then the way the government through cash back on purchasing and storage products for payment. Since the implementation of reserve side in the enterprise , leading to purchasing and storage enterprises to participate in the process of purchasing and storage revenue is very impressive.

Baotou Steel Rare Earth in the first quarter attributable to shareholders of listed companies net profit of only $ 245 million in the second quarter , but the downturn in the industry counterattack was 805 million yuan , respectively, year on year and up 122% qoq and 229% . Some analysts believe that this is the second quarter, the company recognized revenue last year, state purchasing and storage of rare earth .

Research institutions , said last year the total purchase price of state purchasing and storage of up to 60 billion yuan. As profitable , some companies and investment companies will move from the " brains ."

The business people said: "There have been companies done this , the most direct way is , A company is a state-owned purchasing and storage qualification , B plant is acquired businesses , you can buy some from outside the purchasing and storage products with low prices , as close A store selling companies , A company then sold to the state . "

"For small businesses, it is very dangerous , over-reliance on purchasing and storage and large enterprises, large enterprises to stop once acquired , will be difficult to separate the face of small business market. " Another rare corporate executives said.

In addition, some investment companies holding the investors' funds to participate in purchasing and storage enterprises to participate in purchasing and storage enterprises on the market with the money to buy cheap products can be purchasing and storage , because storage price higher than the market price of rare earth , involved in purchasing and storage enterprises will make a small fortune , and investment companies will get good returns. It is understood that investment companies do this kind of business , investment return rate of 10 % or more.

Baotou a responsible person that compared with other countries , China's rare earth Shouchu work has only just started, purchasing and storage mechanisms , price, type, quantity , and many other problems to be solved , and improve purchasing and storage mechanism is very important, can not put Shouchu become a big business making money .


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Today, rare earth market downturn continued decline , the market price of basic shock to go down, more varieties of the price decline has occurred . Some suppliers industry diminished confidence in the market outlook , consider purchasing and storage so far undetermined , short-term market prices are still likely to down the main shock .

Currently praseodymium neodymium market, according to Baotou manufacturers reflect , praseodymium neodymium metal band ticket price 43-44 yuan / ton, with no ticket 36.5-37 yuan / ton. Neodymium oxide, praseodymium market , Ganzhou region with a ticket vendors offer 335,000 yuan / ton, slightly lower than last week's 10,000 yuan / ton.

Dysprosium products market , the current price of dysprosium oxide temporary flat with last week , with a vote on the market offer in the 180-190 yuan / ton, with no ticket prices 155-160 yuan. / Ton. Dysprosium iron market with a ticket price of 190-195 yuan / ton, with no votes 160-165 yuan / ton. There Ganzhou suppliers dysprosium prices still reflect the downstream channel , weak demand , prices continue to fall probability.

Lanthanum, cerium market , we understand that there Baotou suppliers reflect the recent price temporarily remain stable , 3N lanthanum oxide with a ticket price of 27,000 yuan / ton. Ganzhou regions, and some suppliers 3N cerium oxide with a ticket offer has been reduced to 24,000 yuan / ton, while according to other suppliers reflect , 3N cerium oxide with a ticket price of 26,000 yuan / ton.

Today, there are some suppliers cut erbium oxide , neodymium oxide , yttrium oxide with ticket prices , the current market erbium oxide with votes in 34.5-35.5 yuan / ton , down in the range of $ 5,000 / ton. Neodymium oxide market with ticket prices down to 33-34 yuan / ton , compared with last week, down 10,000 yuan / ton. Yttria market prices low volatility , the current mainstream price 7-7.5 yuan / ton or so. In addition, Ganzhou traders reflect praseodymium oxide also has lowered the price , now the Foreign suppliers offer down one yuan / ton.


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Environmental Protection Department of the Ministry of Environmental Protection issued 18 October 2013 on the construction project intends to make approval of environmental impact assessment documents of public opinion , Ganzhou Rare Earth Mining integration project ( a ) through an EIA , Jiangxi Province Development and Reform Commission agreed to carry out preparatory work of the project , publicity for the 18 October 2013 24 October 2013 .

According to the Ministry of Environmental Protection documents show that integration project ( a ) for the integration of Ganzhou City Long South, Dingnan counties rare earth mine , after integration of 14 rare earth mine , only mine where 12 rare earth mine , the East River rare earth ore , temporary ponds and rare earth mine Pro foot hole pond basin rare earth ore mined ore is not . Using in situ leaching mining process, the production scale of 24,325 tons / year of rare earth ammonium bicarbonate ( equivalent to 92% of the mixed rare earth oxide 6950 t / year ) . The total investment of 1.366 billion yuan , of which 523.09 million yuan investment in environmental protection , accounting for 38.29% of total project investment .


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October 21 rare earth products price quotes

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According to the separation of rare earth enterprises subordinate Minmetals Rare insiders, subject to production quotas, and the plant will be shut down in December . It is understood that the plant in September to add 500 tons separation indicators had expected in October it may be discontinued .

The source said that as the earth hitting unprecedented intensity , Ganzhou private mining mountains have been shut down , and now Ganzhou most companies have cut separation . Rare performance of the spot market recently deserted , Thursday ( the 17th ) heavy rare earth dysprosium price down 2.5% , the average price at 1.975 million / ton , a record low of two months ; light rare earth neodymium oxide, praseodymium prices steady .


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Weak rare earth market continues to be held today , some rare varieties slightly lower , holding weak demand , suppliers said that orders scarce, it is difficult to reduce transaction quotes , rare earth prices expected to remain weak side .

Dysprosium oxide mainstream manufacturers incl 190-210 yuan / ton, dysprosium iron mainstream manufacturers tax price 205-215 yuan / ton.

Praseodymium oxide mainstream manufacturers tax price 560,000-580,000 yuan / ton. Neodymium oxide 340,000-350,000 yuan / ton.

Lanthanum oxide manufacturers tax price 26,000-27,000 yuan / ton. Cerium oxide mainstream manufacturers tax price 25,000-27,000 yuan / ton.

Neodymium oxide, praseodymium mainstream manufacturers tax price 340,000-350,000 yuan / ton , praseodymium neodymium metal mainstream manufacturers tax price 435,000-445,000 yuan / ton.

Europium oxide phosphor grade mainstream manufacturers tax price 4,800-5,000 yuan / kg . Terbium oxide phosphor grade mainstream manufacturers tax price 4,100-4,200 yuan / kg .


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Hohhot Customs on October 21 , told reporters that the relevant business year collaboration inside and outside of major smuggling of rare earth export formally close the net , in one fell swoop and arrested five suspects and seized 130 tons of rare earth involved , worth 12.1 million yuan .

August 17, 2012 , Hohhot Customs through intelligence operations found Baotou rare earth metal producers in a suspected smuggling of rare earth to Vietnam , the anti-smuggling task force was set up to carry out case detection.

In the same year on September 2 , the panel to obtain information , the companies involved will soon carry out transactions of rare earth and rare earth may be transported to Guangxi smuggled . Task force quietly tracking and monitoring , the whole record of a number of products from the Baotou Rare Earth manufacturers handling loading and transport to the Guangxi Pingxiang, Pingxiang City, Pu Walled then smuggled out of the whole process of the port . Thus capturing the most direct and crucial evidence of smuggling .

Thereafter , Hohhot Customs territory has been closely monitoring the whereabouts of this gang of smugglers and transaction behavior , waiting for arrest opportunity.

July 15, 2013 , the task force to obtain information , an offshore company executives and Guangxi an organizer to go to Baotou Rare Earth smuggling and domestic companies involved in business negotiations. See the time has come to arrest , July 18 , three groups of simultaneous action , captured in one fell swoop involved five suspects involved in the case and immediately launched a forensic search of the company to get a specific rare earth sales records.

Verified by the task force , from December 2011 to September 2012 , the Baotou City, a company involved with Vietnam an e-mail through a network of rare earth companies traded negotiate , 5 batches carbonate cerium, lanthanum and other rare earth cerium misch metal products illegally sold to foreign companies , and the rare earth involved from the Guangxi Dongxing , Pingxiang and other ports to pass through , around the more non-customs etc. smuggled , involving a total of 130 tons of rare earth , a total value of 12.1 million yuan .

It is understood that , for the protection of national strategic resource products, the State Council " to further regulate rare metals export order , increase the examination, inspection , and strengthen supervision, will work to combat smuggling rare normalization ." But by domestic and international demand and other factors , outlaws to seek illegal interests , to take a variety of methods of smuggling of rare earth exports repeated phenomenon .

In this regard , the industry suggested , we should strengthen the management of the source is prohibited undocumented exploitation . Greater attention to the main producing areas of rare earth rare earth mining problems , thorough investigation of excessive and indiscriminate opening , from the source to prevent smuggling of rare earth . Prospecting and mining of rare earth continue to increase efforts to crack down illegal and severely deal with undocumented prospecting and mining and other illegal acts , shall be investigated for companies and relevant personnel responsibilities. Second, improve the quota system to curb the illegal trade . Further refinement of rare earth export quota volume catalog and allocation of quotas for the illegal sale of businesses, once verified, immediately punished.


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Japanese Trade Minister Yukio Edano is expected to begin next year will reduce the proportion of China's rare earth imports around Daowu Cheng, Edano said that Japan is seeking to diversify sources of rare earths is expected to begin mid-next year, about half of rare earth imports from China is far outside below current about Jiucheng.

Under the impetus of the Government of Japan, Japan will officially start next year in January rare earth imports from Kazakhstan.

This year "stumble endlessly," the earth was finally ushered in the price bottomed. From the business community to obtain monitoring data show that the recent emergence of some rare earth product prices rose in varying degrees, praseodymium neodymium alloy prices rose 13.16 percent over the beginning, rose 2.63% praseodymium oxide.