Rare Earth Market in China - Sep. 13, 2017

Today's rare earth market in China: Rare earth market is stable as a whole amid permanent magnet plate brings up quickly. This year, rare earth products price represented by praseodymium neodymium products rises sharply by more than 80%. 

Market participants think that it is reasonable when rare earth price index runs in range of 150-160 points. When the index enters the range, rare earth industry this year is expected to achieve full profitability. rare earth price is expected to rise, driven by cracking down on illegal enterprises, total production control and heat reason for new energy vehicles industry.

Price of rare earth products on Sep. 13, 2017

Picture of terbium oxide

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