The operation of rare earth market tends to be stable
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Update time : 2018-08-15 17:45:05
The rare earth market in the first week of August was characterized by high raw ore prices, shrinking terminal demand, and heavy pressure on rare earth oxides, rare earth metals and magnets. Forced by downstream trading pressure, oxide stability is no longer, slightly adjusted and reappeared; metal prices approaching upside-down, but after a long period of decline, the downward space does not tend to be stable; low-end magnetic material orders competitive prices fell sharply, high-end magnetic material orders also tightened, downstream production cuts, production stops widened. On the whole, the rare-earth market will continue to be weak and cold in August.
Looking from the recent hot spot, the Sino-US trade war escalated, with each side increasing the list of tax rises by $16 billion by 25%. Influenced by the US $34 billion trade war list implemented on July 23, the total amount of rare earth data of the General Customs Administration decreased and the average price fell in July. On August 10, the Northern Rare Earth Listing announced: praseodymium oxide neodymium and alloy praseodymium neodymium stiff price unchanged, lanthanum cerium oxide down 1000 yuan / ton, neodymium oxide up 2000 yuan / ton, neodymium metal up 2500 yuan / ton.
Looking from the recent hot spot, the Sino-US trade war escalated, with each side increasing the list of tax rises by $16 billion by 25%. Influenced by the US $34 billion trade war list implemented on July 23, the total amount of rare earth data of the General Customs Administration decreased and the average price fell in July. On August 10, the Northern Rare Earth Listing announced: praseodymium oxide neodymium and alloy praseodymium neodymium stiff price unchanged, lanthanum cerium oxide down 1000 yuan / ton, neodymium oxide up 2000 yuan / ton, neodymium metal up 2500 yuan / ton.