Rare Earth Market Report December 2016

The rare earth market in December had been divided by the rare earth bidding meeting on 13 December: Before the meeting, the market price rose rapidly and the consumers purchased the materials actively, while the market became quiet with slow buying activities afterwards.Asian Metal Copyright In addition, end users did not accepted higher prices, which hindered prices of PrNd, dysprosium and terbium products further rising.Asian Metal Copyright The PrNd oxide, terbium oxide failed to bid as the bidding prices were lower than the market prices.Asian Metal Copyright Otherwise, the North Rare Earth Group continued to raise their offers of lanthanum and cerium products further this month, the consumers gradually accepted higher price, adopting with a hand-to-mouth strategy.Asian Metal Copyright In addition, end users did not accepted higher prices, which hindered prices of PrNd, dysprosium and terbium products further rising.Asian Metal Copyright The PrNd oxide, terbium oxide failed to bid as the bidding prices were lower than the market prices.Asian Metal Copyright During the bidding meeting, yttrium oxide, europium oxide, erbium oxide and other 7 species of products were successfully concluded, so the market prices did not changed much this month.Asian Metal Copyright The PrNd oxide, terbium oxide failed to bid as the bidding prices were lower than the market prices.Asian Metal Copyright Otherwise, the North Rare Earth Group continued to raise their offers of lanthanum and cerium products further this month, the consumers gradually accepted higher price, adopting with a hand-to-mouth strategy.

.Asian Metal Copyright During the bidding meeting, yttrium oxide, europium oxide, erbium oxide and other 7 species of products were successfully concluded, so the market prices did not changed much this monthAsian Metal Copyright