According to the latest statistics data,The average price of China rare earth export has over 10 million US dollars per ton,Compared with

last year ago,soaring by 9 times.it indicates that China's restrictions on the export of rare earth policy has an impact on the

international market in sharp contrast with the soaring prices of total exports of rare earth in China,meanwhile,it has an great effection

with magnetic materials,just like neodymium magnet,ndfeb magnet,rare earth motor magnet.etc
Rare earth is the periodic table of chemical elements in the lanthanide and 15 kinds of lanthanide elements with the two closely related

elements - scandium (Sc) and yttrium (Y) a total of 17 elements and oxides in general. Rare earth metals in modern industry has been

widely used and has important value in the precision-guided weapons, generator,magnet motor,motor industry(servo motor,linear motor,dc

motor,wind power motor etc),hybrid cars,high-teach products, flat panel displays and sophisticated electronic products are widely used.
China is the world's largest exporter of rare earth, while Japan is the world's largest importer of rare earth. July last year to impose

restrictions on exports maintain the level of Rare average price of about $ 14,405 per ton position, something less than a year, China

exported to the international market of rare earth prices soared nearly 9 times.
General Administration of Customs of China released data shows that in the past few months, the average price of Chinese exports is

basically a month of rare earth rose 1 million / ton. Since the beginning of this year, Chinese exports are particularly alarming price

increase of rare earth, Customs data show that in February alone, exports to China Rare Earth month prices rose an average of $ 34,000 /

ton. As of the end of February, the average price of Chinese exports of rare earth has been as high as $ 109,036 / ton.
Limited the introduction of rare earth export policy of China, the United States, Canada and Australia and other countries has increased

the domestic rare earth resources exploration and development efforts. Although northeastern Japan earlier this month a major earthquake

occurred, but China's rare earth export to Japan does not seem to be affected. Customs data show that China's exports to Japan in

February, 281 tons of rare earth, the price amounted to $ 38,900,000, down conversion of up to $ 138,406 per ton.