China Rare Earth Prices - Oct. 14, 2019

Rare earth market quotation in China: domestic rare earth prices continue to be weak in early this week. Recently, under the influence of relatively quiet news and the global manufacturing industry downturn, the market confidence is insufficient, and there is a certain resistance to the back-end demand order volume. 

The raw material resources are limited, but some mining enterprises have not recovered yet. In the normal production state, the market has low supply of low-price resources, and when it is in the traditional consumption peak season and affected by production profits, the manufacturer's quotation changes are small. Short-term operators are mainly concerned about whether the Myanmar import gateway will start.

Prices of rare earth products on Oct. 14, 2019

China rare earth prices image

Picture of europium oxide

europium oxide image

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