Rare earth market quotation in China: domestic rare earth price is unchanged from last week as the tightening availability of raw materials raises traders’ rised mentality.
On the one hand, customs in Yunnan Tengchong banning rare earth mining imports still has influences on the market sentiment; on the other hand, Chinese environmental checks and expectations for policy of purchasing and storage boost market confidence. The above factors are expected to increase production costs. Affected by that, market prices show signs of rise.
Prices of rare earth products on Nov. 26, 2018
Picture of Pr Nd oxide
Follow our WeChat to know the latest tungsten price, information and market analysis.