Market price of rare earth continues steady, near the festival, market inquiries reduction, some suppliers shipped positive, but the volume is small low price, the transaction is willing to continue to promote slightly lower offer.

Praseodymium and neodymium oxide mixed metal prices temporarily maintain unchanged from Friday, quoted the basic maintenance at around 37.8-38.5 yuan / ton, neodymium oxide, praseodymium with votes around 29.5-29.8 yuan / ton, according to the magnetic processing with downstream manufacturers understand that before the holiday external magnetic products offer steady, without significant adjustments.

If a trader praseodymium, neodymium products market, Ganzhou, said recently out of a ton of grass Shen praseodymium oxide, but the cash price of less than 450,000 / ton. As for the downstream businesses in terms of procurement, price or consideration of late fall further, there is no purchase requirements, traders worried about the price outlook continued to fall stockpile demand is not strong, the market is more willing to wait and see. Price neodymium oxides and metal steady downturn, according to a supplier Baotou said there Neodymium with no votes 320,000 yuan / ton, lower prices, but demand is still insufficient, the current price of neodymium oxide and weekends steady, yet significant changes.
 

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Recently, held in 2014 the first batch of rare earth revision of national standards project will start by the Standards Commission dilute organization, the Ministry of Justice Jia Yinsong, Xiao Han, director of the National Standards Committee and the National rare earth enterprises, research institutes, universities, more than 40 representatives attended the meeting, chaired by the director Zhu Yuhua dilute standards Commission.

At the meeting, Jia Yinsong the Ministry of Justice, pointed out: National Standards Commission approved the project of the seventeen national standards and revision tasks, GB standards committee to work on the rare earth has given strong support. To implement the State Council in 2011 the National Development [on the 21st] spirit of the document and the Chinese Rare Earth Policy White Paper, to recognize the rare earth is a non-renewable resource, and only conserve resources, protect the environment, in order to provide resources for sustainable development; to strengthen supervision, governance according to law, do "three rule": "chaos, cure scattered cure"; want to face the problems and strengthen international cooperation, and strive to improve the standard of international.

National Standards Committee and Zhu Yuhua Xiao Han, director of speech to emphasize the three "points": "point in time, point of view, the node", stressed the need to protect the quality and quantity to complete the task on schedule node, then the standard principles of revision to the end of December promulgated; require the revision of standards should be operationalized, both with international standards, but also consider the practical, so that subsequent standards are in accordance with nature.

For "Rare Earth Grades representation (NdFeB part)" standard, from the Baotou Rare Earth Research Institute, Steel Research General Hospital, three rings and other units were discussed, in line with the revised standards with international standards, can be more promote the use of the principle of good consensus was reached.

In the task of implementing the link, Baotou Rare Earth Research Institute will be responsible for drafting the "rare earth waste, wastewater chemical analysis (Part 5)" Standard northern part of the mine, but will participate in the "cerium magnesium alloy", "Pr-Nd alloy" and other standards revision the work.


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Black rare earth industry chain has been a problem in the rare earth industry, Zhang Rihui, deputy general manager of Baotou Rare Earth Company (600111. SH), stated that black rare earth production problem has recently eased on Friday.

Zhang Rihui said that since the second half of this year, the Ministry of Industry and Information Technology has repeatedly emphasize the crackdown on illegal black rare earth behind production chain, and carry out the activity of checking out black rare earth in the whole society, and Industrial and Commercial Administrative Department must strengthen rare earth invoice. Besides, to speed up the construction of the fence in rare earth mine, and cooperate with the justice department to crack down on illegal mining and processing behavior, etc., and launch parties unified action.

Controlling black rare earth has gradually expanded in more and more regions, at present, Guangdong, Hunan and Jiangxi provinces have investigated and punished more illegal rare earth case, the Ministry of Industry and Information Technology and other ministries have alleged illegal rare earth more than 4400 tons, the amount of 730 million yuan in Hunan. 

Most of the rare earth market prices still continued downward trend, according to industry many businesses, said the market outlook remains bearish, prices still continue to believe that downside. Insiders believe that as prices fall, profit compression, illegal operations by private mine operators of small businesses will also be affected, with the further decline in the price outlook, years ago, will increase the probability of the market to stabilize. Another industry suppliers consider constrained by the impact of the global supply volume trends and national policies, the past two years there will not be a big market ups and downs.

For the increasingly lower prices, many companies tucao market too light, almost no demand or enterprise too difficult to survive. Today, cerium, praseodymium, neodymium, europium, terbium, dysprosium, gadolinium and other products have different rate decline, and the short-term may be difficult to climb, the downturn shock situation will continue.

Dysprosium, gadolinium has not stopped falling prices fell slightly, businesses, said the market outlook remains bearish, dysprosium oxide gradually reduced from the current 143, 145 yuan / ton this price to around 140-142 yuan / ton, steady price quote dysprosium iron or continue fell 10,000 yuan / ton. The current gadolinium products such as gadolinium oxide with ticket prices have been approaching 100,000 yuan / ton, a another year low. With the compression of business profits, the market outlook is less space for lower and lower prices of some products, the opportunity to increase the rebound, but still need to be in time, because increased demand is pushing prices have hands.

Praseodymium neodymium products, currently praseodymium neodymium oxide, praseodymium and neodymium metal were slightly down, although prices have dropped, but vendors generally reflect very little turnover. Currently praseodymium neodymium metal band ticket offer has dropped to a low of 380,000 yuan / ton, praseodymium, neodymium with tickets also down about 295,000 yuan / ton. According to Ganzhou supplier represents the actual volume less, the price praseodymium, neodymium metal with no votes 330,000 / ton, praseodymium, neodymium oxide with no votes 258,000 yuan / ton.

 

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