China Rare Earth Price - April 6, 2022

China rare earth price continues to decline slightly in the first trading day after the holiday of QingMing Festival. Under the circumstance that downstream users have low enthusiasm for inquiries and purchases as well as insufficient policy support, most rare earth suppliers are willing to sell at a profit, which makes it difficult for the current rare earth prices to stop falling.

However, supported by factors such as production costs and slow domestic and foreign logistics and transportation, there are still stockholders willing to maintain firm quotations.

News: At present, Laos has approved a total of 308 mineral development projects, including 262 general mineral projects, 8 rare earth projects and 38 trial mining projects. Trial mining projects include 31 iron ore projects, 2 marble ore projects, 4 rock gold ore projects and 1 placer gold ore project.

Prices of rare earth products on April 6, 2022

Picture of rare earth permanent magnet materials

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