Chinese Rare Earth Market - July 30, 2019

Rare earth market quotation in China: domestic rare earth price

The overall performance of Chinese rare earth market was relatively flat, and the game between buyers and sellers was fierce. The enquiry has increased compared with the previous one, and the trading atmosphere has improved slightly. 

In the light rare earth market, the price has not fluctuated significantly. The enthusiasm of the magnetic material enterprises has improved. There are little inventories of factories, and the delivery volume has increased slightly. The upstream traders are still waiting to see the sentiment. The willingness to ship at low prices is not high; the medium and heavy rare earth market maintains a weak operating pattern, and the actual trading volume in the market is relatively limited. Supported by raw material prices and expected positive news, suppliers are generally expected to have a strong mentality.

Prices of rare earth products on July 30, 2019

Picture of cerium oxide

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