Rare earth prices overall stability, but showing a structural feature
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- Category: Rare Earth News
- Published on Wednesday, 02 April 2014 16:37
- Written by HJF
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Rare earth prices tend to change the overall stability, no longer had the same volatility as in the entire first quarter, the volatility is not rare , but the interior of the structural characteristics of the rare earth is very prominent , in which the light rare earth prices, especially lanthanum oxide and cerium prices continue to fall , heavy rare earth , rare earth magnetic high operating rates , praseodymium , neodymium demand better prices ; but weak demand phosphor europium oxide , yttrium and other prices.
Currently, there are major changes in the rare earth industry : first , the contribution of overseas output of rare earth enterprises gradually . For example , Linus Australia Limited (Lynas) increased production . In the first half of 2013 , LYNAS said the first phase of 11,000 tons of smelting capacity through, and sales in the second quarter . In the third quarter , the company produced a total of 253 tons (REO meter, an increase of 76% over the second quarter ) smelting separation products , sold 218 tons ( an increase of 86% over the second quarter ) , the average selling price of 22.7 U.S. dollars / kg , in the fourth quarter , The company has produced 741 tons of rare earth oxides , an increase of 2 times the average selling price dropped to 21.48 U.S. dollars / kg. Currently, the second phase of 11,000 tons of rare earth oxide expansion project has been completed and received permission to operate , but the launch will depend on the capacity of the downstream demand and the price may be. American Molybdenum Company (Moly Corp): Moly Corp MtPass mine in 2013 , with total production of rare earth ore REO3926 tons, an increase of 47 % compared to 2012 . RE supply Moly Corp has gradually improved. In addition, the support of Japan , Vietnam, India , Mongolia, Myanmar and other countries are also vigorously develop the country's rare earth resources . The Greenland also liberalized restrictions on rare earth mine development , there are a number of companies have exploration projects in Greenland , will become a potential growth of rare earth supply.
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April 2, 2014 Market Price of Rare Earth
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- Category: Rare Earth News
- Published on Wednesday, 02 April 2014 16:34
- Written by HJF
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Rare continuing weakness in running the festival hopes after the current market demand has risen, cheap shipping will be reduced. The current market price of dysprosium slight upward trend , but less downstream disk access , the actual turnover mainly steady .
Praseodymium oxide mainstream manufacturers tax price 570,000-580,000 yuan / ton. Neodymium oxide 310,000-320,000 yuan / ton.
Dysprosium oxide mainstream manufacturers tax 160-170 yuan / ton, dysprosium iron mainstream manufacturers tax price 165-175 yuan / ton.
Lanthanum oxide manufacturers tax price 21,000-22,000 yuan / ton. Cerium oxide mainstream manufacturers tax price 21,000-22,000 yuan / ton.
Neodymium oxide, praseodymium mainstream manufacturers tax price 310,000-320,000 yuan / ton , praseodymium , neodymium metal mainstream manufacturers tax price 405,000-41,500 yuan / ton.
Fluorescent europium oxide mainstream manufacturers tax price 4,000-4,200 yuan / kg. Terbium oxide phosphor grade mainstream manufacturers tax price 3,000-3,200 yuan / kg.
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Cautious response to rare earth trade loses
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- Category: Rare Earth News
- Published on Wednesday, 02 April 2014 16:30
- Written by HJF
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WTO announced the United States, European Union, Japan against China rare earth, tungsten, molybdenum export management measures related to the case of the panel report , ruled that the export control measures Chinese products involved violations. This means that China 's export quota management system over the years , or will be forced to cancel.
In accordance with World Trade Organization (WTO) regulations , as well as 60 days to appeal the case of time , the Appellate Body to make a decision within three months. Thus , China has had time to respond to follow-up .
The case is not good news for China , some people worried that after the rare earth export quotas , Chinese rare earth companies will compete to reproduce cachexia , rare earth prices become " loess price ." This is the United States and Europe and other markets want to see the picture.
In fact , as long as the rare earth prices in line with market rules, China is not specifically on the rare earth export quota system realization . But misreading of the international community , United States and Europe market trading habits of rare earth elements outside of reading too much . They monopoly grounds of China 's rare earth resources , especially from heavy rare earth resources indispensable technology in the aerospace industry in the way , the Chinese rare earth export quota system restricting his country considered China a strategic tool .
These , aired in the United States political drama " house of cards " in the second quarter , most vividly , Chinese businessmen and trade rare U.S. capital oligarchy to become the White House , " one , two" infighting in the main line. In addition, Japan's rare earth export quota system , but also anxiety , and even massive undersea discovery of rare earth mine, China carried out falsehoods media war .
China to protect its rare earth resources, even as a means of safeguarding the interests of , there is no reason . In the United States , its rich oil and gas resources are not long-term development, and more than willing to wage war in order to maintain strategic dominance in the Middle East , in the United States to maintain sufficient to explain their position as a global power in the political, economic , diplomatic and resources other aspects of the budget-conscious . China to protect its rare earth resources, and is under the framework of the WTO safeguard national interests through normal trade means , of course, no problem.
Realism in international relations , whether political or diplomatic and trade relations and interests of the game in prime position. In the interest of maximizing competition, if the political and diplomatic depend on the overall strength of the competition ; trade war will depend on the skill game WTO rules , as a new member of the WTO, the face of United States and Europe and other trade veteran , China is clearly not as good as they navigate .
As a trading nation, China and the United States and Europe frequently these years other countries in the WTO blows , accumulated experience in the trade war . For China, the victory has become standard issue . Hardships for the worst , Chinese growth in goods trade war in the first trading nation ; services in order to become the first trading power , the future of trade against the respondent still a long way .
Discuss the case against China Rare Earth , only to be relieved and have faith. First, China 's rare earth export quotas have played a role in the market and outside bar drinking . Externally, a burst of panic and prosecute international market proved reserves of rare earth big country as China trade power in the global trade. Internally, prompting those rare extensive low-end business transformation and upgrading , making the country along the path of development and orderly regulation . Secondly , fit the national strategy Chinese ecological civilization , the deterioration in the rare earth industry to compete under the chaos like , not only export prices infighting so that foreign profits , and indiscriminate digging , but also cause high energy consumption, high pollution and overcapacity , which is China moment typically need governance "industrial disease ." Chinese rare earth export quotas for foreign trade environment seems essentially internal spawned industry consolidation , and to some extent, protect the rare earth resources, conservation of the natural environment.
Even if the West does not appeal , China's rare earth export quota system also completed a mission. According to statistics, in 2013 China's rare earth export quota is 24,000 tons , 23,000 tons less than the actual exports , exports only amount to $ 603 million . The biggest problem of China's rare earth industry is a multi- stock , supply and demand imbalance in the market , prices fell bigger. If the increase in exports with the United States and Europe may be able to digest part of the day the stock market , so that the bad living conditions can be a little bit angry rare earth industry . Other than the need to save the domestic market surplus , perhaps China wins against alternative harvest the fruit .
China appeals may not be the best choice. It is important for China to keep China's important rare earth resources, through industry consolidation , technology updates and tax initiatives to make extensive , disorder , intensive production of rare earth industry waste , improve resource utilization and market competitiveness. Under the premise of ensuring national strategic needs , the formation of a unified foreign pricing, to achieve the highest export profits. Be noted that greater efforts to combat the smuggling of rare earth , rare earth blocking the inflow of illegal cheap foreign markets loopholes more urgent.
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Rare WTO ruling - That's not fair
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- Category: Rare Earth News
- Published on Wednesday, 02 April 2014 16:32
- Written by HJF
- Hits: 836
Rational person is not necessarily the winner. This paradox appears again in international trade disputes. WTO trade dispute before it made a rare earth is not conducive to China 's ruling, the strong Chinese public reaction from the official to the people thought that China was being unfairly treated.
Although the WTO decision is called " established rules " , but this does not say that the decision is reasonable.
RE both resources, but also commodities , and the main purpose is rare in high-tech industries , high-tech goods also . To the United States and Europe as the representative of the Western countries have long restricted high-tech exports to China , has not been considered a violation of WTO rules .
Even more puzzling is that some of the world's most closely with the export control system of the western countries , can justifiably " name names " for China to restrict exports of precision machine tools, electronics parts and other high-tech products , while China out reversing the disorderly exploitation of rare catastrophic damage to the environment , and the introduction of no control measures against any country in violation of the rules was convicted .
Western countries are reasons for high-tech products that could be used for military purposes , but it is the rare earths are used extensively for high-end military equipment.
Anyway still does not make sense . The only explanation is the " rule of discrimination " and " double standards ."
WTO as a norm of international trade organizations , should uphold the principles of justice . Although the recent ruling was made by the rules , but the rules have limitations , but also need to reform the times , especially after China's accession to the WTO so that developing countries , many of the rules established by the developed countries in itself is not fair.
To say the least , rare earths are not really "rare ", but also non-Chinese exclusive . The mid- 1960s to the late 1980s , proved reserves after China and the CIS countries the United States once dominated the world's rare earth supply .
Later , considering the huge resource and environmental costs , the United States gradually closed its mines in favor of imports from China . Some other Western countries to follow suit.
In fact , China 's rare earth reserves account for only 23% of the world, but the long-term global demand for rare earths supply more than 90% . Rather than Chinese monopoly on rare earth supply , as it was " silly very naive" be someone pushed the "hegemony " status.
Consideration for China to pay is enormous - old green Bitian become vast sandy mountains , barren farmland , water pollution , waste slag piles up the mountain .
For those who have become accustomed to cheap Chinese rare earth enjoy Western countries, they can not see them , because only in this way , the above picture will not appear in their own country .
Since the Chinese rare earth mining consolidation , since smelting industry , environmental governance has achieved success , but still away from the ideal state far worse , still needs time and space to completely reverse the trend of environmental degradation .
WTO experts should go to China and see , compare China due to environmental disaster caused by rare earth mining rare earth minerals and the United States above the picturesque landscape vegetation , giving China an unfair ruling.
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West said the Chinese rare earth strategic defeat what to do next?
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- Category: Rare Earth News
- Published on Wednesday, 02 April 2014 16:27
- Written by HJF
- Hits: 1542
U.S., EU, Japan sued China rare earth, tungsten, molybdenum export restrictions , China has put forward " protecting the environment " is a very Western way of saying to the defense , and the final stand of the U.S. side of the WTO . WTO ( World Trade Organization ) ruled against China . British " Financial Times" said, " This is a major victory for the U.S. , EU and Japan made ", while Japanese media is unashamedly commented , "China 's strategy failed completely ." Indeed , China's rare earth export restrictions has once again been cut violations, gave a great deal of good in Europe and America and other countries, this is the entry point , China's exports of strategic resource management system may face shocks.
In accordance with the usual Western view, the development of high-tech is a rare indispensable strategic resource , from smart phones to missile guidance are inseparable "industrial vitamins ." But over the years, China has to account for only 23 percent of the world's total reserves reserve supply 95% of the world 's rare earth production , not only low prices was like " selling gold potatoes price" , there is a huge environmental cost to pay . When China began to realize that the problem is serious restrictions of rare earth exports , the United States and Japan has shown impatience , one after another to say "no ."
Why WTO restrictions on U.S. and European strategic resource policy blind - Europe and the United States understands the road win . In general, WTO members must comply with the freedom of trade , the treatment of undifferentiated rules. But in terms of Section 21 of the WTO GATT has proposed : Allow members for reasons of national security, as a trade exception handling ( referred to security exceptions ) . It is based on the security exception to the rule , in 1996 , in the United States -led Western countries to develop a " Wassenaar Agreement ", " Wassenaar Agreement " communications mechanism aims to improve conventional weapons and sensitive dual-use transparency items and technology transfer to assist member States regulate the export control laws and regulations, to prevent the proliferation of sensitive items and technologies related . Member States, including the world's major arms-producing and exporting countries , including the United States, Britain , Japan, France, Germany , Russia and other 34 countries.
Ukrainian military in close cooperation , in addition to the transfer of large projects outside the " Varyag" No. This is a landmark in ships, tanks, aircraft power system, especially the engine , the performance of the most prominent. Currently many gas turbine DN/DA-80 Chinese surface ships , including the "Varyag " was included, as well as " Chinese Aegis " destroyers used by the Chinese for the development of Pakistan , " Khalid " Main battle tanks used for diesel engine 6TD-2E, the new generation advanced trainer aircraft used by the Falcons -15 engine AI-222, as well as suitable plateaus helicopter engines are from Ukraine. But Ukraine is also a member of Wagner agreement . Americans may be needed to prevent some of the weapons and ordnance Ukrainian exports to China .
Since China has been excluded under the guidance of the "Wassenaar Agreement " important to master the world of military technology and products developed countries have been severely restricted Chinese imports, " Control List " of scarce resources , advanced technology and equipment. For example, some foreign high-end five-axis machine tools critical software on limiting exports to China , and even the installation site using department also has limitations .
Practice tells us that China should learn from the experience of developed countries , the use of good safety exception WTO rules , the early establishment of strategic resource management and control systems in line with the core interests of our country in order to prevent a similar situation from happening again passive .
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