China Rare Earth Prices – August 30, 2019

China rare earth prices maintained stability on the whole in the week began on Monday August 25, 2019 as both the supply and demand sides of the market were in a state of game, and the participants’ wait-and-see mood was more obvious. 

In the light rare earth market, the overall trading atmosphere has warmed up. In order to ensure that production will continue to run smoothly after entering the traditional peak season next month, most magnetic materials companies have increased their enthusiasm for replenishing goods, and manufacturers are willing to step up their prices. In the medium and heavy rare earth market, the overall situation is still in a stalemate stage. Buyers are relatively cautious in receiving goods. Under the support of the rectification of the rare earth industry and the cost of raw materials, most suppliers have a firmer intention to stabilize, and the market outlook is expected to be better.

Prices of rare earth products on Aug. 30, 2019

Picture of europium oxide

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