Monthly Rare Earth Market Report Jun 2018
2018-07-12 20:19:45 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
The Chinese Rare Earth Market showed stable trend in the first week, rising prices in next two weeks and sliding prices during the last week. Owing to the strict regulation on environmental protection, the rare earth ore supply tight and the rare earth oxide prices moved up in early June, some plants halted production or reduced production due to the inspection and price inversion
. As a result, the rare earth oxide, metal and magnet prices reached tops at around June 20 . Without support from downstream industries, the prices declined back sharply in the last week of June . Owing to trade war between US and China, the magnet plants were pessimistic about the future market and were cautious to make replenishments this month . They just purchased frequently during the rising price period.