RE prices were not known early rebound real impact downstream firms

Since since mid-June, LREE prices are more substantial rebound reporters Thursday at 2013 Twelfth China (Shanghai) International Motor Show on that, the rally on the downstream NdFeB companies did not produce any substantial affected.

According to the exhibitors a Ningbo NdFeB magnetic materials company staff, NdFeB magnetic material downstream servo motor new year business "surprisingly good", but other varieties motor is still relatively flat. He said that as most of the companies have 14 days price valid for short-term rebound in rare earth no impact on product prices, and now products are not price adjustment. It is understood that the industry is now in a wait state, rare earth prices have not really seen the future gains.

According to the 17th LREE offer, the heavy rare earth elements on behalf of heavy rare earth dysprosium oxide, dysprosium iron for 5 days did not have the price adjustment, the average price at 1.625 million / ton, 1.645 million / ton; light rare earth neodymium oxide, praseodymium also ends rally, price at 300,000 / ton.


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