Chinese rare earth price continues to be in a stalemate. On the one hand, weak demand and relatively adequate stocks cool trading activity and buyers try to force prices down; on the other hand, purchasing and storage of rare earth was not stated clearly at the conference and thus market participants becomes more cautious on trading. Taken together, short-term rare earth price will stabilize.
Prices of rare earth products on Jul. 23, 2018
Picture of neodymium oxide
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