Rare Earth Market Report January 2017
2017-02-20 08:59:33 【Print】
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The rare earth market in January kept relatively flat and the market price showed relatively stable this month
. Consumers replenished stocks for the coming Spring Festival in former half of January, and the logistic started to be out of service since 20 January . However, the China’s State Reserve Bureau held a bidding meeting on 19 January, which successfully national stored eight species of rare earth oxides except yttrium oxide, and the bidding prices were higher than the market prices . As a result, the rare earth products’ prices were predicted to show uptrend in the coming month.