Tungsten Bucking Bar Price

Two tax adjustment drive market deployment of rare earth resources

Details: Category: Rare Earth News; Published on Tuesday, 05 May 2015 14:36; Written by HJF; Hits: 2955

Recently, China's rare earth fiscal policies to make significant adjustments, first abolish export tariffs on rare earths, followed by lower rare earth resources tax. Ministry of Finance recently issued a notice, to adjust export tariffs on some products, which contains the rare earths this one, and the adjustment effective from May 1, 2015. April 28 the State Council executive meeting, the implementation of rare earth, tungsten, molybdenum resource tax reform, promoting rationalize resources tax relationship.

August 7, 2014, WTO finds that Chinese export restrictions on rare earths and other products violate WTO rules, that China's export duties and quotas for its failure to protect the environment or resource grounds justified. In January 2015, the Commerce Department announced the cancellation of rare earth export quota system.

After the export duties and export quotas, resource tax reform could increase resource tax rate, reference to other mineral resources tax levied, and included tax range. If, after considering the liberalization of export tariffs, rare earth prices can back up the possibility of a higher "ad valorem" option calls.

Although China's rare earth WTO lawsuit lost, we can not continue to use tariffs to protect rare earth resources, but WTO litigation since 2011, our country has accelerated the pace of implementation of the integration of the whole industrial chain of rare earth.

Since the 2011 establishment of the Office of Rare Earth, our country has formed a rare office led the joint Ministry of Land Resources, the National Development and Reform Commission, Ministry of Commerce, General Administration of Customs and other six departments coordination mechanism. On the one hand, development of rare earth resources in a variety of offenses continued to maintain high-pressure situation, especially in southern areas of rare earth, after several rounds of crackdown, "black rare earth" substantially reduced, mining order effectively managed; on the other hand, accelerate the industry and mergers and reorganizations, Shoulong scattered mining permits in the market, the formation of the North earth, Ganzhou Rare Earth Rare Earth Group of six major focus of the main producing areas of different rare earth resources exploitation unified unified management. In addition, rare earth functional components to be integrated into the country's new materials industry development strategy to encourage downstream enterprises to actively carry out applied research, trying to cultivate a number of rare earth application of enterprise international competitiveness. From the strict management to market liberalization, experts point out that China's current management of rare earth resources, has achieved initial success, the rare earth resource tax can be appropriately adjusted, to ensure the supply of rare earth resources and services in the upgrading of China's economic transformation, which is conducive to promoting China RE downstream enterprises to reduce costs, increase R & D investment, promote the whole earth industry chain towards high-end level.

The industry believes that the rare earth resources end double reforms to strengthen management on the basis of norms to regulate the allocation of resources by market forces, which allows Chinese rare earth and downstream industries at the same time towards the end of more internationally competitive. However, we must clearly recognize that the current separation of rare earth smelting industry of serious excess capacity, upstream and downstream industries in the high-end products still have strong international competitiveness, in terms of development of new features rare behind the international frontier. On the whole chain of production and research of rare earth industry, the economic strength of China's rare earth field is still relatively low level. The liberalization of exports of rare earth and rare earth resources tax adjustment is able to usher in a new development opportunities for China's rare earth industry still depends on time and practice to verify.

Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
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RE prices stabilize, expected resource tax fermentation

Details: Category: Rare Earth News; Published on Monday, 04 May 2015 14:56; Written by HJF; Hits: 2766

Festival of rare earth products prices remain stable. Praseodymium neodymium based rare-earth products prices of basic and pre-holiday flat. Now the Ministry of Finance for the resource tax reform is a long-term cost of rare earth products support. But the rare earth market weakness has been a long time, the transaction is still in the stage light, praseodymium neodymium price currently offer basically do anything in the short term rare-earth prices is still stressful.

Financial Post rare earth resource tax rate on taxable embodiment, the light rare earth by region to implement the applicable tax rate from 11.5 to 7.5% of the heavy rare earth resource tax applicable tax rate is 27%. Countries hope through resource tax reform efforts to raise taxes, thereby increasing mining costs and export prices, so as to achieve mineral protection. Today, the state clearly tax standards "in accordance with the principle of no increase in the corporate tax rate to determine reasonable", significantly lower than market expectations. "Tariff elimination + resource tax burden unchanged", affected, significantly reducing the cost of short-term pressure upstream mining enterprises, and downstream transmission, indirectly help to improve the downstream demand.

Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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RE prices flat, trading deserted terbium oxide

Details: Category: Rare Earth News; Published on Wednesday, 29 April 2015 15:04; Written by HJF; Hits: 2759

RE market today offer businesses continue to follow the day before watching the market or slightly lower offer, yesterday China Rare Earth Industry Association section oxides offer also declined. Public attention resource tax policy at a State Council executive meeting yesterday gradually clear, from May 1 rare earth resources tax from the amount of taxable valorem, now bullish outlook, continue to wait, or offer down there, there Businesses that now prices are falling, the future see.

Currently praseodymium neodymium products prices stable and little decrease, praseodymium neodymium metal prices held steady in the low 380,000 yuan / ton, higher bit rates from 388,000 down to 385,000 yuan / ton. Shanghai, Ganzhou suppliers say oxide, praseodymium, neodymium steady at 29.4,29.5 yuan / ton, while businesses that price down from more than 295,000 to 291,000 yuan / ton, lower prices, traders said the Shanghai area are now willing to 29 yuan / ton, little appears goods, pre-holiday prices may further be maintained at the current level.

Europium, terbium oxide market is in the doldrums run, terbium oxide prices trading deserted, still offer about 3650 yuan / kg, europium oxide prices flat, some businesses slightly lower 30 yuan / kg to 1,620 yuan, or around holiday continued low steady.

Dysprosium products currently have equally steady fall, the higher offer is now before continuing loose down, the actual transaction price is low, the current offer dysprosium China Rare Earth Industry Association has been as low as 160-170 yuan / ton and, according to Ganzhou local businesses reflect dysprosium now only 1.61 million / ton, dysprosium iron mainstream prices fell to 170 yuan / ton and less.

Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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Light rare earth market, low prices steady

Details: Category: Rare Earth News; Published on Thursday, 30 April 2015 14:35; Written by HJF; Hits: 2812

Light rare earth market, businesses wait and see the market price held steady or slightly downward. Labor Day holiday immediately, the current business offer not enthusiastic, sometimes businesses inquiry neodymium oxide, praseodymium. Praseodymium neodymium products offer low steady, praseodymium neodymium metal prices quoted in the mainstream 38-38.5 Wan / ton, this week or praseodymium neodymium metal prices stable or fell slightly, have cut prices fell in the range of about 2-5 thousand Yuan / ton. Neodymium oxide, praseodymium week there is a business inquiry, but the actual transaction progress is not active, if low procurement inquiry Supplier spot shipments will not high, businesses offer basic and down slightly in 295,000 or one thousand floating 2-3. Dysprosium products market this week, the price of dysprosium oxide and dysprosium iron disadvantaged decline, the current market with the fall dysprosium, according to Ganzhou revealed a supplier of metal dysprosium now dropped from 3.23 million to 3.2 million yuan / ton.

Other oxides such as europium, terbium, and yttrium market is still sluggish unchanged, merchants offer lower aspect steady or little decrease, but has little room to fall europium oxide, plus businesses wait and see the effect the policy outlook, short-term market support vulnerable main stable. Praseodymium, neodymium, erbium oxide such as price more steady, there is price adjustment in the range of about $ 5,000 / ton, the less there is the case of substantial price cuts shipments, generally offer close to the mainstream market. Lanthanum, cerium products continued low steady, active shipping business.

Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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Rare earth prices steady, individual businesses small adjustments

Details: Category: Rare Earth News; Published on Tuesday, 28 April 2015 14:45; Written by HJF; Hits: 2920

Today, rare earth market conditions continue steady, individual businesses offer slightly adjusted, but the mainstream market mentality is still watching. Dysprosium products market, despite the bullish business outlook, but now the price of dysprosium oxide and dysprosium iron is still running low, businesses offer steady, the transaction price is still little decrease individual businesses. There are a number of market participants reflect dysprosium oxide low-cost resources only 161,162 yuan / ton, dysprosium iron Although there are still strong businesses offer 175 yuan / ton, but there are businesses that the actual transaction price is only 1.68 million yuan / ton about. RE market for May rose or whether to continue to decline, there is a business bullish outlook, but there are many in the industry say it is difficult to determine, businesses are watching.

Praseodymium neodymium products, currently praseodymium and neodymium oxide, praseodymium neodymium metal prices held steady mainstream, from the transaction price, demand still in the doldrums, but not much room for negotiation. Today, according to Ganzhou supplier said there praseodymium neodymium metal with a vote 380,000 yuan / ton, the actual transaction price is even lower. The dealer neodymium oxide, praseodymium today offer 298,000 yuan the previous day / ton dropped to 295,000 yuan / ton, while local traders said the actual transaction price of neodymium oxide, praseodymium about 29.3,29,4 yuan / ton.

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