Rare Earth Price - Oct. 12, 2017

Rare earth market in China: Domestic rare earth price continues to take a small step back as the market shows no favorable news. Magnetic plants have sufficient inventories that have been stocked up in the previous price rally and downstream enterprises have limited demand for raw materials. Considering low rising momentum in the short term, businesses’ shipments will mainly account on the existing inventory. But with the popularity of new energy vehicles, demand will increase. Related policy and news needs to be concerned.

Price of rare earth products on Oct. 12, 2017

Picture of lanthanum oxide

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