Rare Earth Market Report November 2016
2016-12-06 14:44:41 【Print】
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Following with the rapidly rising price of bulk commodity in China, the rare earth market price showed continuously increasing price trend in November
. Owing to the reducing volumes of sales and outputs of Chinese separation plants, the rare earth oxide prices lifted up . In addition, the suppliers held watchful attitudes towards the rare earth national storage, while it had been proved to be a rumor . Some high-performance NdFeB Magnet producers claimed that they were in full capacity this month, and purchased raw materials actively . By the end of this month, NdFeB magnet producers held about two months’ volumes of PrNd mischmetal stocks on average, while major metal plants only had less than one month’s volume . The rare earth market prices were predicted to rise slight further in December.