Rare Earth Price - Nov. 17, 2017

Rare earth market quotation: rare earth price continues to remain weak adjustment due to quiet rare earth market and deadlocked mentality both in sellers and buyers. In the first half of this year, rare earth market showed good momentum owing to stricter environmental protection. 

While after late August, overstocks in the downstream market and weak demand made rare earth price decline sharply. From the point of view, supply and demand is unbalanced, suspend production for supporting high price does not work well, coupled with low willingness of purchasing, rare earth price may stabilize in the short term.

Price of rare earth products on Nov. 17, 2017

Picture of terbium oxide

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