Chinese Rare Earth Price - Nov. 08, 2017

Rare earth market quotation: Chinese rare earth price is still unchanged from the previous trading day. With the support of news of purchasing and shortage, the general atmosphere in current market is relatively cautious and downstream stocks are adequate. 

But customers’ willingness of purchasing remains low and sellers do not want to sale their products at low prices, waiting for movements of the macro. It is worth noting that the current oversupply in rare earth market still exists, so the rebound is limited. Chinatungsten Online suggests market participants keep cautious.

Price of rare earth products on Nov. 08, 2017

Picture of lanthanum oxide

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