Rare Earth Price - Nov. 30, 2018

Rare earth market quotation in China: domestic rare earth price stabilized with good momentum in the week to Friday November 30. Earlier this month, resources in Myanmar were banned to import into China, raising the expectation for further tight supply of raw materials. Affected by that, insiders remain the strong rised mentality. 

Besides, Chinese environmental protection inspection continues to benefit the supply and cost sides, plus with increased enquiries in the market, rare earth prices show signs of rise. Next week, given the deadlocked supply and demand, China rare earth market will be caught in wait-and-see atmosphere. 

Prices of rare earth products on Nov. 30, 2018

Picture of europium oxide

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