China Rare Earth Prices - July 26, 2019

Details: Category: Tungsten's News; Published on Friday, 26 July 2019 10:10

Rare earth market quotation in China: domestic rare earth price

China rare earth prices continue to show a downward trend in the week began on Monday July 15, especially for light rare earth elements. Owing to low trading activity of traders, capital shortage and no significant positive news, prices of light rare earth elements keep declining. Some medium-sized enterprises to sell the stock at low prices, but there are still many large enterprises stabilize the quotation.

In the medium and heavy rare earth market, some manufacturers have adjusted their external quotations, and transactions are not increase significantly. During the off-season, the downstream magnetic materials enterprises mainly purchase on what they actual need and control the stock levels reasonably.

Prices of rare earth products on July 26, 2019

China rare earth prices image