China Rare Earth Price - December 14, 2022

China rare earth price is in a stalemate on December 14, 2022 mainly due to weak supply and demand. In the case of small stocks of some rare earth raw materials and supported by production costs, suppliers are generally less willing to cut prices, coupled with low downstream demand, the market is less active.

From the perspective of the supply side, first, factors such as the continued spread of the epidemic in some areas, the unabated efforts to crack down on environmental protection, and the current poor market conditions of rare earths have led to a reduction in the output of some rare earth smelting companies and separation companies; Low and other factors are unfavorable to the increase in my country's rare earth imports.

From the perspective of demand, although many places in the country have successively optimized epidemic prevention and control measures, which is conducive to the development of high-tech industries and reducing logistics and transportation resistance, but because it takes a certain amount of time for the industrial chain to transmit to all links, the current demand for rare earths has not improved significantly.

Prices of rare earth products on December 14, 2022

Picture of dysprosium oxide

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