RE prices remained stable, market sentiment is still

Rare Earth Market merchants offer remained stable , market sentiment is still there downstream businesses that now is the off-season , demand for light . Lanthanum, cerium, yttrium oxide , today prices remain stable , the three are relatively excess supply , the price is lower inside the separation of rare earth products , has recently been reduced lanthanum oxide, cerium and yttrium oxide rate of decline over the corresponding period last year , but still in the downstream channel, the sharp rise in the short term is difficult .

Currently single oxides such as neodymium oxide market, still less the amount of procurement inquiries , little changed quotes from suppliers , the price is relatively early downside , currently with a fare of about 31-31.5 yuan / ton. Slightly larger gap between the market price of erbium oxide , Ganzhou suppliers offer basic between 31.5-33 yuan / ton. As of 13:30 today, Baotou Rare Earth Neodymium oxide and erbium oxide exchange volume is less than 500 kg . Although prices have been low, but the relative position last June, the lowest price is concerned, if there is no sharp rebound in the short-term demand , and the prices can not be improved, the price is still large room for downside .

Following Ganzhou Rare Earth Association released mid- yttrium europium -rich ore prices rose after China Rare Earth Industry Association released yttrium europium -rich ore prices also up, combination of the two quotations , now rich in yttrium- europium belt ticket 19 -21 yuan / ton.


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