Rare Earth Market Report November 2015
2015-12-04 17:19:29 【Print】
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Rare earth market witnessed slow buying activities and dropping price in early November
. In mid-November, affected by the inspection towards rare earth comprehensive utilization enterprises of China’s Ministry of Industry and Information Technology, suppliers increased prices and held wait-and-see attitudes, which resulted in increasing price in markets of PrNd, dysprosium and terbium related products . Rare earth market was in a stalemate in late November, and both suppliers and sellers held wait-and-see attitudes . Prices for PrNd, dysprosium and terbium related products showed stable trend firstly and then dropped in the end of November . The markets for lanthanum and cerium were still controlled by buyers but the prices were relatively steady in November . The markets for europium and yttrium saw limited buying activities and soft price owing to poor demand . As it is hard for downstream demand to rebound in December, it is predicted that rare earth market will still in low performance in December .