RE market deserted, businesses mainly see attitude

Today, rare earth market continues deserted, businesses mainly see attitude, market transaction is not active, only the occasional inquiry. Lanthanum, cerium products market currently prices are still low deadlocked, currently 3N lanthanum oxide 1.1-1.2 yuan / ton, 4N lanthanum oxide 12,000 yuan / ton, 3N cerium oxide has been steady at about 11,000 yuan / ton, short-term space within the price change are not large.

Yesterday Ganzhou Rare Earth Industry Association ore prices continue to rise, in addition to low xunwu low yttrium europium ore rose $ 5,000 / ton, and other minerals rose substantially at 20,000 yuan / ton and above, institutions very price attitude is more obvious, interested in promoting market to the good, but the current situation has never businesses offer, the market is not significantly higher, and in mid-June after ore price increases, no significant positive market reaction, some businesses now expect a slight improvement in the market outlook, that the price bottom is about to or has arrived.

Another part of the traders are still on the downside, some of the demand that the difference of rare earth products prices are still likely to fall, such as europium oxide, terbium, and now according to Ganzhou businessmen said europium oxide is now 1350 yuan / kg, but poor market demand, the market outlook down to 1200 yuan / kg it is also possible. The current market price of the mainstream terbium oxide disadvantaged steady or continue to decline slightly, the latest China Rare Earth Industry Association offer terbium oxide has dropped to 3300 yuan with votes / kg.


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