October 30 rare earth market price quotes
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- Category: Rare Earth News
- Published on Wednesday, 30 October 2013 13:51
October 30 : Rare earth prices today affected by weak demand continued to weaken , praseodymium, neodymium, dysprosium, terbium , gadolinium , erbium and other varieties are slightly reduced.
Dysprosium oxide mainstream manufacturers incl 180-190 yuan / ton, dysprosium iron mainstream manufacturers tax price 190-200 yuan / ton.
Praseodymium oxide mainstream manufacturers tax price 560,000-580,000 yuan / ton. Neodymium oxide 340,000-350,000 yuan / ton.
Lanthanum oxide manufacturers tax price 26,000-27,000 yuan / ton. Cerium oxide mainstream manufacturers tax price 25,000-27,000 yuan / ton.
Neodymium oxide, praseodymium mainstream manufacturers tax price 325,000-335,000 yuan / ton , praseodymium neodymium metal mainstream manufacturers tax price 425,000-435,000 yuan / ton.
Europium oxide phosphor grade mainstream manufacturers tax price 4,700-4,900 yuan / kg . Terbium oxide phosphor grade mainstream manufacturers tax price 3,700-3,900 yuan / kg .
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Greenland intends to open uranium mines in Australia and rare earths
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- Category: Rare Earth News
- Published on Wednesday, 30 October 2013 13:49
Greenland Parliament a vote narrowly passed a resolution , China and Australia decided to open part of the mining sector under the Self-Governing Territories , for mining purposes.
According to reports, Greenland implemented a decades-long ban on mining of radioactive material . October 24 , Greenland Parliament by 15 votes to 14 votes resulted in the adoption of a resolution to make the ban to end. Provisions of the resolution , Greenland uranium and rare earth ore and other mineral resources to China and Australia investors.
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WTO preliminary ruling bar to drink Chinese rare earth industry in United States and Europe, or in favor of
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- Category: Rare Earth News
- Published on Wednesday, 30 October 2013 11:28
Recently, some media reported that in the U.S., EU and Japan jointly sued China " undue restrictions on exports of rare earths " issue , WTO dispute mechanism summary of the " Interim Report of the United States and Europe generally considered reasonable demands ." Report and pointed out: " In late November will introduce the final report is not expected to overturn the judgment, United States and Europe may favor on this issue . "
If the United States and Europe on this issue in favor of the Chinese export quotas will have to make concessions on the issue , and thus the earth tariffs, quotas fully liberalized , rare earth prices is likely to return to this "cabbage price ." Insiders told the South are reporters said , the results with China 's rare earth industry is currently undergoing consolidation, as well as China 's resource strategy is contrary . Therefore, the Chinese government is bound to appeal on this issue , the game is likely to be the result of both sides to compromise .
United States and Europe to support the preliminary WTO
"The Middle East has oil , China has rare earths " , China was once rare to meet 90% of global market demand. Therefore, the Chinese government restrictions on the export of rare earth quotas , United States and Europe will naturally developed economies uneasy. Last June 27 , Japan, the U.S., the EU tripartite prosecution to the WTO dispute settlement body , said China's rare earth exists " undue restrictions on exports of rare earths " issue, contrary to the original Chinese WTO accession commitments. According to WTO accession agreement , China exported products should be abolished for all taxes , unless expressly provided . Annex lists 84 kinds of products specified rate . Wherein the rate of about 10% of rare earth . This should be the duty of the highest standards for collecting rare , but exceptions .
After more than a year of investigation proceedings , WTO upcoming processing results . Last weekend, Japan's " Sankei Shimbun" said , WTO Dispute Settlement Body 's interim report summarizes the general finds reasonable demands of United States and Europe . Plans to publish the final report of the year .
Prior to 2009 , the U.S. and the EU to the WTO , accusing China 's bauxite , coke, fluorspar , magnesium, manganese , silicon metal , silicon carbide, yellow phosphorus and zinc and other 9 kinds of raw materials to export quotas and export tariffs, price and a number of control . January 30, 2012 , WTO ruling : China implemented a variety of industrial raw materials export taxes and quotas violated WTO rules and dismissed the Chinese environmental protection or supply shortages based on the preliminary ruling request an appeal .
The rare earth trade disputes with previous years is exactly the same raw material trade dispute , therefore , widespread fear in the rare earth industry issues , WTO 's final results will remain unfavorable to China .
LREE or bear the brunt
If the final result of the WTO's final ruling , as expected , then the accelerating integration of China Rare Earth industry, will undoubtedly be a negative. And because the light rare earth reserves in the world are rich , they are likely to bear the brunt ushered in a wave of price cuts , and even back when the " cabbage price ."
China's rare earth export quota policy was adopted , rare earth prices briefly soared. But by the impact of weak demand side , since 2012 , and from the high rare earth prices fell sharply . Until this year, in July , because the Chinese rare earth industry consolidation efforts to further increase the price of rare earth before bottoming out , there signs of warming . If China loses in this litigation , China will likely open in the rare earth policy control , which means that the price war is likely to once again dominate the market. "heavy rare earths is China's advantage, and LREE are widely distributed in the world . Therefore, once the market liberalization , light rare earth prices are likely to be hit . " Saddle Ridge Information rare earth industry researcher Hu Bing told reporters the South .
However, there are people in the industry do not agree with this view . Jiangxi Ganzhou a large rare earth company General Manager's Office official told reporters the South, mainly in northern light rare earths , Baotou Steel Rare Earth almost form monopolies , the market order is relatively good ; heavy rare earths are mainly distributed in the south , a number of companies to form separatist trend, and there are a large number of small and medium enterprises . "If the South of rare earth industry consolidation ineffective , fragmented situation will make the price confusion , therefore , once the market liberalization variable heavy rare earth prices are likely to be greater. "
The game will continue
WTO preliminary ruling unfavorable to China , at the end of the final ruling is also likely with the preliminary similar. In this regard, China is naturally not sit idly by . Xiamen University, China Energy Economic Research Center Lin Boqiang told reporters the South , if the result is negative, the Chinese government and relevant industry organizations will certainly appeal .
According to WTO rules , WTO principle, requires the elimination of export restrictions, but provides for two exemptions : "To protect people , animal or plant life or health measures necessary " and " protection of exhaustible natural resources measures if such measures with restrictions on domestic production or consumption with the implementation . "
Since 2011 , the Ministry of Commerce and the Ministry stressed on many occasions , after China 's rare earth mining is extensive , not only caused a great waste of rare earth resources , but also to the enormous destruction of environmental resources . Adopt quotas for rare earths , and make industry consolidation , the purpose is to protect resources and the environment and achieve sustainable development , in line with WTO rules . The Chinese government has no intention of trade-distorting way to protect domestic industries .
Lin Boqiang said the two sides of the game will certainly continue , but in the long run, certainly rare earth quotas will still continue to suffer criticism. Therefore , this event is expected to generate Forced mechanism , promote the domestic rare earth industry consolidation , the gradual formation of large rare earth group , and then let these industry giants to compete globally .
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Rare practitioners face price volatility requires patience
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- Category: Rare Earth News
- Published on Wednesday, 30 October 2013 11:18
Recently, as the state purchasing and storage plan is still yet to be finalized , the industry began to lack of confidence , coupled with the end of the , loan repayment , electricity, switch to multiple factors such as storage , rare earth by last month 's reluctant to sell , to active sales , prices fell markedly , the current trading price of praseodymium neodymium metal of 430,000 from the week before , fell to 420,000 , europium oxide dropped from the current 4900 yuan 4600 yuan per kg per kg , the trading price of terbium oxide was 4300 yuan per kilogram , but the volume little downstream procurement will is not strong , especially foreign trade , there are responsible for the export trade of the sales staff said: At present foreign trade is very bad to do , we are mainly mutual pressure prices, customers go first to one and then say how much XX home to Are you going to give much ...... "
Faced with this situation , a large rare earth enterprises procurement staff, said: Currently the bad economic situation , it is difficult to rare immune constrained by the cost of production of rare earth , rare earth prices theoretically decrease in the not too large, so this case, market participants better state of mind . correct view of the market , do not be too pessimistic .
For the WTO's preliminary ruling , the industry reacted coolly , mostly expressed as early as expected , the world needs is not Chinese rare earth, but cheap Chinese rare earth, as long as the Chinese control the private mining , adhere to combat black chain , cheap Chinese rare earth will cease to exist .
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Minmetals RE: Currently not receive state purchasing and storage plan information
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- Category: Rare Earth News
- Published on Wednesday, 30 October 2013 11:16
Minmetals Rare Tuesday in the panoramic interactive web platform , said the company has not yet received the relevant information related to state purchasing and storage plan , it is difficult to determine whether the state purchasing and storage plan would have a greater impact on company operations .
According to media reports , the state purchasing and storage of rare earth scheduled October opening , the entire purchasing and storage tray will reach ten billion yuan , and mainly in the heavy rare earths. In this regard, there are investors in an interactive platform to the company asking if participation in national purchasing and storage , will have a greater impact on its operations during the year .
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Shanghai Rare hitting involving 113 companies yet found irregularities
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- Category: Rare Earth News
- Published on Wednesday, 30 October 2013 11:14
Shanghai Rare Earth Society insiders said on Tuesday in Shanghai in September began to campaign against rare earth mining , production, circulation of illegal special action , involving 113 enterprises in Shanghai , according to the sources, the Shanghai majority of rare earth enterprises downstream applications enterprise have yet to discover irregularities.
It is understood that the earth hitting special action led by the Shanghai Municipal Commission by letter , Municipal Public Security Bureau , Shanghai Customs and other eight departments with related work , listed in Shanghai check list 113 rare earth enterprises according to law to conduct joint inspection, illegal rare earth enterprises , will be strictly punished , ordered rectification, conducted by the Shanghai Association statistics of rare earth and other specific operations.
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Guangdong province Rare tentacles or integrate acquisitions initial success extends Yunnan
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- Category: Rare Earth News
- Published on Wednesday, 30 October 2013 11:12
Reporters recently learned that the integration of rare earth resources in Guangdong Province as the main body, Guangdong Province Rare Rare Earth Group has integrated tentacles extend to Yunnan . Provinces provincial enterprises mergers rare earth resources , which are rare in the country .
In the end of last week 's 2013 China Rare Earth Forum, Zhu said, Guangdong Province of rare earth industry groups to achieve a fully integrated rare earth resources in the province . Its disclosure, Guangdong through increased investment in exploration found in the province of heavy rare earth reserves more than the existing data , and may even exceed Jiangxi .
Meanwhile, Guangdong Province with the Chinese Rare Earth Industry Group Steel Research Institute Group , Yunnan Rare Earth Industry Group signed a cooperation framework agreement , restructuring , mergers and acquisitions work of the Group of Yunnan rare earth industry is advancing .
Integration of rare earth resources in this round , the border of Yunnan, is not compelling. In fact , Yunnan rare earth resource exploration potential. Beijing Nonferrous Metal Research Institute Professor Zhang Guocheng study shows that the Kingdom of Yunnan Nonferrous Metals Rare Earth resources are very rich, there are varieties of both heavy and light rare earth .
Because local protectionism , rare earth interprovincial reorganization very difficult. So far, in addition to inter-provincial restructuring of local state-owned Jiangxi Copper ( 600,362 , stock it ) Restructuring Sichuan light rare earth , rare earth industry group is the Guangdong Province .
Rare Earth Industry Group and Guangdong Rising Nonferrous ( 600,259 , stock it ) the same as the Guangdong Rising Assets Management Co., controlled enterprise . May 2012 , the Guangdong provincial government issued " on the promotion of the province 's rare earth industry consolidation " and proposed future will be as the main provinces of rare earth industry groups , to achieve the integration of rare earth resources in the province . The Rising colored main income is now rare and tungsten and related products. Guangdong territory only four rare earth mining rights . According to Deputy General Manager Li introduced , colored Rising holds three mining certificates and other one entrusted with the management .
According to Zhu introduced , Guangdong Province, the rare earth industry group also controls the Guangdong existing six smelting 4 , so that in Guangdong Province, smelting and separation capacity of 11,500 tons , the province accounted for 72 percent of rare earth smelting and separation capacity ; same time, its integration in the province of tons of annual production capacity of rare earth separation smelter , total capacity 22,500 tons formation / year, to become the largest in South China ionic rare earth separation smelter Group .
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Chinese Rare Earth "cabbage price" will not reproduce
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- Category: Rare Earth News
- Published on Tuesday, 29 October 2013 14:31
According to the media , said the WTO panel report is expected in November announced preliminary results of WTO litigation earth , basically affirmed that China will in the first instance ruling lost. Rare original NDRC expert group , said, " basically confirmed already lost, but would not return to earth ' cabbage price ' ."
Up to now , WTO has been no official news came out , the reporter access to the Ministry of Commerce World Trade Organization 's website and found no information disclosure . It is understood that , since 2009, the European Union, the United States, Japan and other countries repeatedly appealed to the WTO , said Chinese rare earth export quotas in government for trade protection , contrary to the WTO " free trade " spiritual .
The unnamed expert further said that after the introduction of the first instance verdict , as well as part of the complaint . China to supply 23% of the reserves of more than 90 percent of global demand for our resource consumption and environmental impact is enormous , China can environmental costs for complaint . It is understood that only one place on the exploitation of Ganzhou rare earth minerals for ecological restoration of damaged land , the initial capital investment is expected to be as high as 38 billion yuan or more, not including the separation of rare earth smelting pollution remediation .
A broker researcher also told reporters that , WTO against the domestic is a big bearish, but the government will certainly put the appropriate policies to deal with, according to his personal analysis , purchasing and storage of rare earth policy has not yet been introduced probably has to wait for WTO ruling timely cushion the negative impact .
Another industry expert said , "loser " is also beneficial to the long term good side . Rare earth prices will be more market-oriented , resource scarcity will weaken the aura , the possibility of price volatility will be smaller . And the long term resources of rare earth in the open will help the development of high-end applications . China 's development is slow, but after a large number of exports of rare earth may promote foreign R & D speed.
Finally a little disappointed that the industry said, " Having said that may not patriotic , but objectively speaking , WTO export indeed pros and cons of litigation fails , it will urge us to accelerate the development , help to improve resource utilization. "
In recent years, China's rare earth export quota stable at 30,000 tons / year, however, due to the global market demand for Chinese rare earth dropped significantly , resulting in nearly two years, China's rare earth export quota utilization trend lower . According to public information , 2012 rare earth export quota of 30,996 tons , a utilization rate of 48.75% ; 2011 was 30,184 tons , a utilization rate of 52.01% ; 2013 quota of 29,322 tons of rare earth .
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October 29 rare earth market price quotes
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- Category: Rare Earth News
- Published on Tuesday, 29 October 2013 14:28
October 29 : Rare Earth Market continuing weakness in this run . Some prices have been slightly lower, turnover is not active , buyers continued to wait for the market , demand for light or to make the market continue to be weak .
Dysprosium oxide mainstream manufacturers incl 180-190 yuan / ton, dysprosium iron mainstream manufacturers tax price 205-215 yuan / ton.
Praseodymium oxide mainstream manufacturers tax price 560,000-580,000 yuan / ton. Neodymium oxide 340,000-350,000 yuan / ton.
Lanthanum oxide manufacturers tax price 26,000-27,000 yuan / ton. Cerium oxide mainstream manufacturers tax price 25,000-27,000 yuan / ton.
Neodymium oxide, praseodymium mainstream manufacturers tax price 330,000-340,000 yuan / ton , praseodymium neodymium metal mainstream manufacturers tax price 430,000-440,000 yuan / ton.
Europium oxide phosphor grade mainstream manufacturers tax price 4,800-5,000 yuan / kg . Terbium oxide phosphor grade mainstream manufacturers tax price 3,900-4,000 yuan / kg .
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WTO preliminary ruling Chinese export tariffs or threatened violation LREE two different worlds
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- Category: Rare Earth News
- Published on Tuesday, 29 October 2013 14:26
World Trade Organization (WTO) dispute settlement panel has preliminary support for Japan, the United States and the European Union on Chinese control of rare earth export tariffs violate WTO rules opinions.
Reporters from all confirmed , WTO panel has been submitted to China a preliminary decision that China 's rare earth export tariffs contrary to the 2001 accession to the World Trade Organization commitments. Insiders said the next step may be to fight China 's exports first release of some varieties , such as light rare earth export management to some extent liberalized, but the heavy rare earth is still the implementation of conservation policies .
Subject: RE export tariff dispute
Up to now , WTO has been no official news came out . However, some other channels are confirmed the news. Press the " China Accession Protocol " agreement , China should be canceled for the entire export taxes , unless expressly provided . Annex to the Agreement lists 84 kinds of products explicitly specified rate . Wherein the rate of about 10% of rare earth . As a rule, this should be the duty of the highest standards for collecting rare , but exceptions .
And in 2012 , China's rare earth export tariffs of 25%. Informed sources said , according to regulations , Chinese exports of rare earths should follow WTO commitments . Which in addition to export tariffs, quotas of rare earth next will face canceled.
Outside WTO panel is expected to consult the views of interested parties in mid-November at the earliest after issue its final report . Rare earth industry an authoritative source , the decision against China , but the results expected. Next, China will further complaint .
The source said that China's rare earth resources, especially in the heavy rare earth supply, and serious environmental pollution , and then to the 2000 level , to impose export tariffs on unfair ; another horizontal contrast rest of the world for copper , nickel and other scarce resources the export tax is also far more than the 10% level . To this end, China rare earth export tariffs increase is reasonable .
It is said , WTO litigation fastest at the end of the outcome. However , according to regulations , adjust the new export tariff and quota policies can have a grace period of six months to one year , which may be no later than early 2015 RE tariffs, quotas fully liberalized .
Solution: build a large group
Authorities are very worried that once the WTO lawsuit against China rare earth industry, no tariffs and export quotas , the manufacturer will be the same as before into a price scrimmage , rare earth return "cabbage price " era.
26, the chief of staff at the State Department , China Nonferrous Metals Industry Association's 2013 China Rare Earth Forum, the Ministry of Rare Earth Office Jia Yinsong revealed small scattered rare earth industry, the situation has improved , but the need to further promote the formation of large enterprise groups .
At present, China has formed Baotou Rare Earth , China Aluminum , Minmetals Rare Earth , Ganzhou Mining , Xiamen Tungsten , JCC , several leading enterprise resource the far side of the situation .
Insiders , WTO rules do not support the number of Member States to restrict exports and setting high tariffs behavior , but allows member states to manage exports through export qualification . Of formation of large rare earth enterprise groups can contain rare earth Luancailuanwa , effective management of rare earth exports .
China Nonferrous Metals Association Vice President Wang Qin suggestions, LREE classification management ; production of mandatory plans to play a role of the market ; establish Rare purchasing and storage system .
Some analysts have said that by communicating with the WTO after the release of some varieties may be exported , namely light and heavy rare earth export of differentiated management , such as the light rare earth export management to some extent liberalized, but the heavy rare are still implementing conservation policies.
Challenge: light rare earth or bear the brunt
From LREE or differentiated management point of view , WTO litigation exports of rare earths after the New Deal , once implemented , the biggest variable is the light rare earths . Last two years, China's rare earth exports decreased significantly in 2011 , 2012 rare earth export quotas were only half , for two main reasons : one is the 2011 rare earth prices have rocketed ; Another is rare earth export tariffs raise the cost .
Exports of rare earths after the opening , along with cost reduction , China Overseas orders may increase. In addition, only 10% of the low tariff levy will squeeze smuggling enterprise or living space , the formal large enterprises more profitable .
However, the global light rare earth rich in natural resources , light rare earth market is fiercely competitive . Face more downward pressure on rare earth prices .
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