Weak deal, China’s domestic heavy rare earth prices fall

Recently, the price of dysprosium and terbium in the domestic rare earth market has fallen, the downstream purchasing is not active, and the downstream acceptance degree has declined, and the domestic heavy rare earth price has declined. According to the rare earth plate index of business society, the rare earth index on July 14 was 345 points, unchanged with yesterday, 65.50% lower than 1000 points (2011-12-06), and 27.31% higher than 271 points, the lowest point on September 13, 2015. (Note: period refers to 2011-12-01 to now).

 

povidone Iodine

As of July 15, the price of dysprosium oxide in China’s rare earth has dropped by 25000 yuan / ton to 1845000 yuan / ton; the price of dysprosium ferroalloy has dropped by 10000 yuan / ton to 1840000 yuan / ton, and the price of terbium oxide and metal terbium has decreased to varying degrees.

 

Recently, the domestic heavy rare earth prices have fallen down. In the early stage, the prices of dysprosium and terbium series have been climbing all the way. However, with the price rising to the high level within the year, the downstream acceptance degree has declined, and the wait-and-see sentiment is strong, and the procurement is not active. The downstream on-demand procurement is mainly used, and the transaction is slightly difficult, and the price of dysprosium and terbium series has declined. Although the proportion of medium and heavy rare earth in the domestic rare earth collection and storage plan accounts for a large proportion of the annual production, it is expected to have a great impact on the supply and demand and price of medium and heavy rare earth. However, the situation of collection and storage is not clear. At present, Myanmar’s customs clearance still has a tightening impact on the domestic import and supply of medium and heavy rare earth. However, in the near future, the on-site inquiry has decreased and the price of heavy rare earth has fallen.

 

EDTA 2Na

The Ministry of information technology issued the notice on the docking and implementation of preferential policies for rare earth industry. According to the notice, the rare earth office entrusted China Nonferrous Metals Industry Association and China Rare Earth Industry Association to sort out and summarize the policy documents suitable for rare earth enterprises to apply for, and formed the “collection of supporting policies related to the resumption of work and production of rare earth industry”. The favorable policies support the development of rare earth industry. At the same time, Sino US relations are somewhat loose. The key products of rare earth trade between China and the United States are of great significance. The national policy is conducive to the balance of supply and demand of rare earth industry. In recent years, the supply of rare earth market is normal, but the demand is not obviously good, and the market price of medium and heavy rare earth has dropped slightly.

 

In the near future, heavy rare earth downstream businesses mainly purchase on demand, and take a wait-and-see attitude towards high-priced products, and there are few transactions on the floor. Analysts from the business agency predict that the market price of heavy rare earth will fall slightly in the future.

EDTA