China Rare Earth regulatory reform to boost export markets

After the beginning of uncertainty, market participants gradually adapt to the new regulatory regime, the recent demand for Chinese rare earth has been warmer.

Subject to change and the impact of the export license export port restrictions, January sluggish demand overseas Chinese rare earths, rare earths and February exports increased by 24% to 2052 tons, January exports fell 49% to 1,457 tonnes.

In mid-February until the end of the Chinese New Year holiday, Chinese exporters shipped more concentrated, more contract in January or early February to sign, thus increasing the amount of rare earth export in February. January is also due to weaker demand in the coming Chinese New Year, Chinese exporters to suspend operations until the end of the holiday.

Meanwhile, China's rare earth export market is the new force, which has to a certain extent, pushed up exports in February. It is understood that many not previously export of rare earth producers and traders at the end of January and early February successfully applied to the export license and has started exporting.

In addition, China has increased efforts to combat illegal rare earths, China's export market is therefore subject to support. According to traders, said consumer business has been very difficult for them to low-cost procurement of illegal rare earth resources. October 2014, China's Ministry of Public Security and other eight ministries rare special action has been officially launched and will end March 31, 2015, relating to public safety, taxation and environmental safety and other aspects, the pooling of resources, to prevent illegal trade.

January 2015, China Guangdong Public Security Bureau of Shenzhen Customs union, Huizhou City, smuggling run, Xiamen, Beaconsfield, Huangpu, Nanchang and Hohhot Customs Bureau, and organized large-scale smuggling operation.

Recently, the first batch of rare earth total control of China's Ministry of Industry announced an increase in 2015, while activity will continue to combat illegal rare earth, which are imported from China to bring a lot of comfort to the rare earth companies.

China's first batch of rare earth ore control a total of 52,500 tons, the total smelting and separation products for 50,050 tons, an increase of 12% and 10.6%, respectively. China is consolidating and the separation of rare earth mining companies for the six Rare Earth Group, and will be completed by the end. The payment of the total rare earth control showed preferential policies for large rare earth enterprises.

However, China's imports of rare earth enterprises are still relatively cautious orders. Many importers believe in China in May after eliminating tariffs which will arrive in a more muffled purchase price, but also expressed concern about the impact of China's resource tax reform on prices of recent weeks, some enterprises began stocking.

Earlier there was news that China resource tax reform program will be announced in March, and then up to now have not yet released any further information.


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RE prices low steady, or continue to decline

At present, all varieties of rare earth market or low steady or continued to decline, and now many businesses reflect oxide prices are still falling channel, take time to stabilize the market, short-term market trend is still not optimistic.

Lanthanum, cerium oxide changes in the market is not, at present, according to manufacturers that offer 3N Baotou lanthanum oxide is currently quoted at 14,000 yuan / ton, ceria price at 1.25 yuan / ton, traders Ganzhou region 500 is slightly lower 1000 yuan / ton, lower prices have been steady in recent weeks. Europium, terbium market demand scarce, prices continue to continue to decline relative to last week, before europium oxide offer in 2000 yuan / kg cargo hold a wait and see attitude loose merchant shipping, offer down to 1900 yuan / kg, there are fewer people in the industry to reflect europium oxide person inquiries, lower transaction prices. Furthermore terbium oxide prices continue weakening, the current mainstream market has fallen down around 3900 yuan / kg.

Praseodymium, neodymium products, currently neodymium oxide, praseodymium, neodymium and praseodymium metal thinly traded, according to the supplier of Ganzhou praseodymium, neodymium metal with a vote now 395,000 yuan / ton, praseodymium, neodymium offer also fell to 310,000 yuan / ton position. Dysprosium products prices also hit year lows after the current price of 1.7 million yuan dysprosium oxide / ton, 1.75 million yuan with votes dysprosium iron / ton, and some have been shipped trading businesses continue watching the market, careful purchasing, some businesses are because before been on the sidelines, worried about the current market outlook continues to choose the right amount of shipments fall, but the high cost, there is a loss situation.


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
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Love the low part of the RE steady, oxide or stable or down

Today, most of the rare earth market products market continues to trend lower steady or trend down, although there are a small number of businesses that deal, but the transaction prices, as the supplier of Ganzhou just left two tons of grass Shen praseodymium oxide, but the transaction price dropped 405,000 yuan / ton. In addition, the business of erbium, dysprosium offer also fell due to the mainstream market coupled with weak demand, continue downward adjustment.

Recently yttrium, europium oxide single market, fewer inquiries recent rally has not significantly affected the wave of yttrium, europium, prices subject to supply and demand constraints, inability to rise, the current high price in yttria 4-4.2 yuan / ton, Europium oxide price in 1800 yuan / kg. Europium oxide lowest point this year in mid-January or so, when europium oxide with a ticket offer individual businesses even in 1600 yuan / kg, though the current price is the lowest level, but still partial bottom level, may still be in the long-term shock level position within the interval.

Currently erbium market demand for light, not as good as the pre-inquiry, traders offer from 26.5-27 yuan / ton in succession down to about 255,000 now, with larger decreases, the frequency of price adjustment is also faster. Dysprosium products prices back to levels before the current price of dysprosium has dropped below 1.8 million yuan, according to a trader Ganzhou dysprosium now reflect with tickets only 176 yuan / ton. Also praseodymium neodymium products recently also caused large fluctuations in the downstream market inquiries and concerns, but businesses inquiry only wait and see, procurement cautious.


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 continued light, the market traded in the doldrums

RE market continued light, low volumes, more than a continuation of last week's weak product prices this week, including dysprosium products prices showed a larger decline. This week more than one oxide transaction price decline, such as praseodymium, neodymium, erbium oxide, some suppliers of the transaction price or offer lower than last week about -1 5,000 yuan / ton, europium, terbium oxides have adjusted in the range of 50-150 yuan / kg, close to the weekend the majority of oxide prices temporarily stabilized steady, but the outlook is still possible to run further disadvantaged. Lanthanum, cerium oxides continue to remain low, 3N5 lanthanum oxide remained at around 13,500 yuan / ton, about 3N ceria 1.15-1.2 yuan / ton.

Currently the price of dysprosium from last weekend's 180-185 yuan / ton to the current 172-175 ten thousand yuan / ton, while today, according to industry and individual businesses to reflect the lower prices now dysprosium already approaching 1.7 million yuan / ton, suppliers are willing to take the goods smoothly none further price cuts, the recent price of dysprosium has repeatedly declined to allow some businesses worry wait hold stocks continue to fall shipments will increase in the afternoon, there are still some businesses bearish outlook on the market.


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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China rare earth fear the global share fell to 65% from diverse supply situation

Hohhot Customs announced on the 19th, in February 2015, Inner Mongolia increase in volume and a drop in price of rare earth exports, export 660 tons, an increase of about 30% over last year (below), but the average export price fell by half.

China is the world's most abundant rare earth resources in the country. Inner Mongolia is China's "Rare Earth province." Especially located in Baotou Bayan Obo iron, niobium, rare earth deposits in symbiosis, not only rare earth reserves in the world, and high REE contents, many kinds of great industrial value.

According to Hohhot Customs data show that in February 2015, 660.8 tons of rare earth export Inner Mongolia, an increase of 30.8% over last year; the value of 23.731 million yuan, down 35.7 percent; the average export price of 36,000 yuan per ton, down 50.7%.

Reporters learned that the United States is the main export market for rare earths, Inner Mongolia, exports to Japan have increased slightly. Where ninety percent of exports from the big city of Baotou Rare Earth.

Hohhot Customs noted that the global supply of rare earth diversified horizon, other rare earth resources in the country except China will resume rare earth mining and smelting. 37 countries and regions, 261 companies have launched or brewing 429 RE projects in 2013 to form a production capacity of 55,000 tons, is expected to reach 170,000 tons in 2015.

Hohhot Customs also said that if the foreign project into production as planned, the world's rare earth supply from China single supply situation gradually changed the pattern of diversified supply China, the US, Australia and other countries. It is estimated that 30% of foreign projects by computing capacity, the next two years, China's rare earth smelting products or global market share will decline to 65 percent in 2015, the absolute number dropped to 105,000 tons, the world's rare earth production at about 16 million tons.


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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