Japan's rare earth demand side becomes "strong"

In the rare international market , the demand side seems more and more strong. China 's largest producer , is trying to boost the supply of rare earths by suppressing prices, but the Japanese magnet manufacturers and other demand-side predicts future price will fall , for the purchase indifferent. When in 2011 the rare earth prices skyrocketing , the demand side has been overwhelmed this purpose , but the current situation has changed.

"According to the current price , the manufacturer does not buy" , operating high-performance magnets for dysprosium Japanese trading company official said in unison . Chinese exports of rare earths prices rose about 1 percent since June of this year, once in late October rose to around $ 550 per kilogram. Although only hit of the summer of 2011 for about $ 3,700 per kilogram seventh , but it seems the demand side , the price is still too high .

In the main origin of Chinese rare earths , this summer the government to ban illegal mining on a large scale . Observing how the market believes that China started 10,000 tons of rare earth reserves . As well as market-related pointed out that the Chinese government is to boost the market and the tightening of the supply of rare earths .

In this regard , the Japanese manufacturer of magnets and magnet alloys after July reduced the purchasing transaction hardly the case is continuing to expand . China supplies due to inhibition caused price spikes have occurred in 2011 , when the demand side in a hurry to start purchasing, the results lead to a further rise , but this was very cool. In addition, as a neodymium magnet material also presents a similar situation . Currently the price of the day was about $ 100 per kilogram , compared with June rose by nearly 4 percent. But demand is not strong.

As optimistic about demand from the growth of hybrid vehicles and industrial machinery , willingness to increase business remains strong magnets . Each company has been in no hurry to purchase rare , because it considers the oversupply situation will continue in the future , the current rise is only temporary.

In addition, each magnet manufacturers such as Shin- Etsu Chemical Co. and TDK , etc. In 2011 the boom as an opportunity to reduce the amount of rare earths. Combined with price cuts in the spring , has increased imports at low prices . Inventory because they have the time , so do not rush to make purchases at high prices .

Including cerium , etc. , Japanese imports of rare earths in 2012 was 10,003 overall tons, compared to 2010 almost halved . The total exports to China in 2011 and 2012 was about 30,000 tons , only about 5 percent of the Chinese government to protect the resource and set export quotas . Japan's Showa Denko that " in 2013 ( exports ) are likely to remain lower than the export quotas ."

In addition , the demand side in no hurry to purchase another background is the World Trade Organization (WTO) ruling may limit exports of rare earths in China during violation of the agreement . This is a lawsuit brought by the United States and Europe , once the Chinese have been convicted of the WTO agreements , currently set at 2 percent or so is likely to cut export taxes , TDK think "This should help to promote a slow decline in raw material prices ."

Right now, the resource-based countries to control the market by restricting supply is increasingly strengthened, and rare earth demand side is positive initiatives to tide through flexible "difficult ."


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