Domestic rare earth prices will steadily

From the industry was informed this week, there will be a formal purchasing and storage of rare earth news week has been postponed some traders offer rare, rare earth prices will rise again.

Affected by the expected impact of the 9th rare earth market dominated by stalemate, sustained demand for light, factory shipments will also low, the market traded more deserted. Analysts said that once the earth Shouchu implemented, will reduce the market supply of rare earth, rare earth prices will steadily.

Baotou Steel Rare Earth subordinate enterprises a middle-sources, the plan purchasing and storage 10,000 tons of rare earth, which plans Shouchu praseodymium neodymium 4000 tons, praseodymium, neodymium oxide, each 500 tons, 1200 tons of dysprosium oxide, erbium oxide 300 tons.

The industry sources said, there are rare earth companies to disclose this purchasing and storage enterprises may reach 5. This year, three companies can continue to participate in reserve, remains uncertain.


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