China Rare Earth Price - July 17, 2020

Details: Category: Tungsten's News; Published on Friday, 17 July 2020 17:21

China rare earth price kept stable on the whole in the week ended on Friday July 17, 2020 under mixed factors. Prices in the light rare earth market tended to increase on active inquiry from downstream.

But the room for price rise was limited due to increased quota of rare earth this year. In the medium-heavy rare earth market, the overall performance is weak. Downstream magnetic materials companies' low sentiment for receiving goods is the main factor that causes the market to be pessimistic. However, due to little impact from high production costs and low, most traders quote rationally.

Prices of rare earth products on July 17, 2020

China rare earth price image