Rare Earth Market Report October 2017

After the National Day and mid-Autumn holidays, Chinese rare earth market witnessed continuously declining prices and sporadic deals in October as a whole, with PrNd, terbium, europium products’ prices slid rapidly.Asian Metal CopyrightAfter the National Day and mid-Autumn holidays, Chinese rare earth market witnessed continuously declining prices and sporadic deals in October as a whole, with PrNd, terbium, europium products’ prices slid rapidly.Asian Metal Copyright However, six groups, CMIIT and SRB took efforts to maintain the prices stable and the market deals kept rare.Asian Metal Copyright The market prices of PrNd oxide, terbium oxide products’ price stood nearby suppliers’ production cost, so that prices declined softly.Asian Metal Copyright By end of this month, major magnet plants had not entered the market while small plants held no less than 15 days of PrNd mischmetal inventories, so the market saw increasing deals with small volumes.Asian Metal Copyright By end of this month, major magnet plants had not entered the market while small plants held no less than 15 days of PrNd mischmetal inventories, so the market saw increasing deals with small volumes.Asian Metal Copyright The market prices of PrNd oxide, terbium oxide products’ price stood nearby suppliers’ production cost, so that prices declined softly.Asian Metal Copyright As it was said that that the SRB would carry out the national reserve in November, most insiders held watchful attitudes towards the market next month.Asian Metal Copyright As it was said that that the SRB would carry out the national reserve in November, most insiders held watchful attitudes towards the market next month.

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