RE market vulnerable to run, businesses look weak outlook

Today, rare earth market continues weak run in June but the market is not close to ending now turn, the overall market has not stabilized, demand deserted, some businesses still look weak outlook. Monday the sidelines businesses hold stocks offer steady or slightly lower further, some products traded price to new lows, such as oxide, praseodymium, neodymium and praseodymium neodymium metal market, according to the Shanghai area businesses that are now lower neodymium oxide, praseodymium prices have dropped 260,000 yuan / ton, while praseodymium neodymium metal also fell nearly 34 yuan / ton. Meanwhile, the merchant said, some of the price increases last year, when businesses high stockpile fell behind when the market has not declined, nor are shipping more to the current deficit.

Praseodymium, neodymium oxide prices temporarily steady current single, there are many low-cost resources on the market, Shen grass praseodymia There Ganzhou vendors offer 36 yuan / ton, the price is higher than the price on Monday down 1 yuan / ton , neodymium oxide currently quoted market price temporarily steady at about 265,000 yuan / ton, in addition to praseodymium, neodymium oxide, europium, terbium, gadolinium, yttrium, lanthanum, cerium, most product prices have been at a new low, as demand light, downstream inquiry enthusiasm is not high, stockpile goods suppliers to find less active, market attention is not high, the transaction is not active.


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

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