RE RE business to reflect some of the products out there are immeasurable price
- Details
- Category: Rare Earth News
- Published on Thursday, 29 January 2015 14:44
RE market temporarily held steady today, because recent changes in the market for some products faster or because no goods out, some vendors said that before watching the market, do not quote or offer steady or offer unrealistically high. Currently dysprosium, terbium products market relatively strong, businesses offer more frequent adjustments, praseodymium, neodymium market inquiry also occurred.
According to a trader Ganzhou terbium oxide, said now there is a business report quotes 3700 yuan / kg, but the actual transaction price is not so high. Also dysprosium market, vendors offer 1.65 million / ton, the actual transaction price is slightly lower, trading volume is not large. Another local businesses that trade is indeed out of stock, source of supply for two days to know the price of dysprosium were more than 1.6 million. In addition, dysprosium, terbium price of Chinese rare earth products industry associations also appeared significantly upregulated.
Market prices for raw materials, downstream demand businesses stay on the sidelines or on-demand procurement basic mentality, there are companies that this year the South Magnetic overall business is bad, poor earnings, will leave immediately, to rising raw material prices and not so positive attention.
For the rally, some traders have expressed the hope that the price can rise further performance, the current price is relatively high cost of inventory available before, or whether low. No part of clearing inventory stocks to watch traders also believe that short-term market outlook is still rising main, while market participants believe that the current market is not normal, the demand is not so optimistic about the market or the year after a slight pullback.
Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn