Rare earth prices fall, the market weakness

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Rare earth prices fall, the market weakness 2012-08-03

According to data provider commodity business data provided show that: In August, the major eight rare earth products, in addition to the price of dysprosium unchanged, the remaining seven were tested rare earth prices decline, which praseodymium oxide, neodymium oxide the largest decrease, respectively, reached 17.39% and 15.25%, the end of August praseodymium oxide and neodymium oxide prices are 950,000 yuan per ton and per ton of 1.25 million.
Even if prices fall, but according to testing, the entire RE market is not active. While most vendors continue to offer lower, but buyers wait and see rare earth atmosphere, the purchase will not strong, resulting in a smaller volume of rare earth market as a whole.
With this round of exports, environmental protection, such as verification of the commencement of production targets, most companies stop production, market expectations may appear to change, which is waiting to see the hope of many brokers, but also some of the separation of the major smelting companies take the initiative to stop reasons.
As before the high cost of rare earth raw materials, the separation of some inventory of rare earth smelting enterprises are reluctant to lower prices at the time of production, hoping to pressure point of shipment, in order to avoid a loss, wait for the introduction of the new stimulus. Many downstream applications of rare earth rare earth enterprises falling prices are more information in the application of rare earth province of Jiangsu, Shandong, Jiangxi and other places of NdFeB, luminescent materials manufacturers have discontinued or converted, to wait for rare-earth price stability.
Prices depend on the rare-earth policy for all to see, from mining, smelting separation, to export, to the recent study is the mandatory production plan management practices, as well as invoices and other rare earth, rare earth market colleagues in the specification, resource prices are also stimulating rise. The current situation: the upper reaches of the large-scale rare earth making, while the downstream companies to stop production due to overwhelmed, converted, even if the production capacity to produce, but also because of the price trend is not clear and cut, cut.
To rationally price of rare earth, the downstream industry has a process of adaptation. Rare earth industry itself needs to keep fit, need to get rid of dependence on the policy.

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