Some experts pointed out that the rare earth catalytic materials high-tech, high demand, large-scale production benefits are obvious, there is room for growth in the development.

Zhang Anwen, deputy secretary general of China Society of Rare Earths, said the application of rare earth in the petrochemical industry is mainly catalytic cracker, used to improve the activity and stability of the catalyst to improve the conversion rate of cracking feedstock, increasing the yield of gasoline and diesel. In our country as an example, about 80% of the finished catalytic cracking unit produced by diesel.

The catalyst used in the production process of catalytic cracking, high technology, research and development costs are very expensive, the demand for large-scale production efficiency is high. Currently, the global research and development production of these catalysts are mainly concentrated in the hands of a few large companies. China's production of similar catalysts, one performance gap, the second is a large gap between production equipment, such as the size of the foreign catalyst plant single sets of production equipment can reach 50,000 tons per year, domestic production capacity is currently only a single set of devices in 2.5 ten thousand tons to 3.3 million tonnes.

Zhang Anwen said that the long-term perspective, the development of rare earth catalytic materials have increased space, suggested the country was prepared to increase the technological development of high-performance rare earth complex catalytic materials, and equipment to improve production levels, thus contributing to enhance the expansion of application fields and levels of rare earth catalysts.


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10000 tons of rare earth reserves in Ganzhou officially began on Sep. 16. Ganzhou Rare Earth Mining Co, Ltd. stated that the activity has already began as State Reserve Bureau (SRB) started to deliver rare earth, meanwhile it will be finished by Minmetals Rare Earth (000831 SZ), China Rare Earth Company, China Nonferro Metal Co, Ltd (000758.SZ), Baotou Steel Company (600111.SH), Guangsheng Rare Earth and Ganzhou Rare Earth Mining Co, Ltd..

These people said that the state reserves have been completed bidding in July 31, and the amount of national reserve has reached to 10000 tons, besides, the commercial reserves of these enterprises have increased by 3000 tons, and all will be arrived by the end of this year.  

Rare earth market has continued to be weak since the beginning of this year, the prices of rare earth minerals and rare earth products remain low, which has been changing in September. Data from Ganzhou Association of Rare Earth Industry shows that rare earth price has been improved in September. Otherwise, industry analysts said 2013 rare earths reserve unsold, has been delayed until now, in addition there is no specific results in controlling fault rare earth, rare earth market also need to see the market performance in October.

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Reporters learned from Hohhot Customs, the export volume and price of rare earth in Inner Mongolia Autonomous Region have been down from Jan. to Aug. in 2014.  

China has the most abundant rare earth resources all over the world. Inner Mongolia is "rare earth province" in China. Especially Baiyun Obo located in Baotou, not only rare earth reserves than any other city in the world, and a high content of rare earth elements, and most variety, has an important industrial value.

According to Hohhot Customs' material, from Jan. to Aug. in 2014, the export volume of rare earth is around 2770.2 tons, down by 18.3% year on year. And the price reachs to 130 million yuan, down by 45.8%, and the average price is 45000 yuan per ton, down by 34.8%.

This week the rare earth market conditions continue Qudan, stable suppliers offer or continue to cut prices, volume was light, lack of orders. Although the late-related messages about purchasing and storage of it, but yet has a significant impact on the market.

This week, praseodymium, neodymium, erbium, gadolinium oxide cargo hold steady or continued to fall in price quotations, such as gadolinium oxide is currently poor demand, Ganzhou supplier said gadolinium oxide with tickets now 105,000 yuan / ton can be traded, not with ticket prices at 92,000 yuan / ton in the vicinity, while other local suppliers, although there are also slightly adjusted the prices, but remained at 110,000 yuan / ton. Praseodymium, neodymium, erbium oxide such as quotations downward adjustment in less than five thousand dollars a basic / ton, suppliers profits further compressed, generally reflect the difficult business environment.

This week lanthanum, cerium products prices are low volatility, oxides aspects quote last week was still 1.5 yuan / ton or higher partial cargo operators who offer this week, appeared slightly downward. Week to Baotou Rare Earth Cerium oxide trading off the exchange, sometimes without quotes, when the downward price trend is more obvious, yesterday's closing price of 17.4 yuan has moved from Monday / kg fell to 16.5 yuan / kg. Lanthanum cerium mixed metal belt ticket prices generally fell current 40,000 yuan / ton, according to this week, with traders understand and dilute associations offer, now lanthanum cerium mixed metal has dropped to 3.5-3.7 yuan / ton nearby, lanthanum, cerium single metal prices have also edged downward trend based.

Praseodymium, neodymium, dysprosium products market, offer strong this week, the situation has continued to decline offer. Baotou region as the supplier of praseodymium neodymium metal is now without a ticket has dropped to 332,000 yuan / ton, while parts of Ganzhou with suppliers to understand, praseodymium, neodymium metal without a ticket is steady at around 33.8-34 yuan / ton , with tickets aspects have Ganzhou supplier said prices have dropped to 380,000 yuan / ton, but also Ganzhou, Jiangsu suppliers offer is still 390,000 yuan / ton situation. Dysprosium class production market, dysprosium low prices at around 1.4 million yuan / ton, the very high price of 143-145 yuan / ton. Individual traders holding cost is still high, even at the present high price of 1.45 million shipments also lost a lot, so temporarily watching the market, wait for shipping time.


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