Monthly Rare Earth Market Report Aug 2018
2018-09-12 20:30:41 【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
Without support from downstream industries, Chinese Rare Earth Market continued to witness slightly sliding prices and slack demand in August. Most rare earth products' prices hit the bottom in mid-August. With expectation of driving forces and consumers purchased some raw materials, the prices revived a bit in late August. Most magnet plants conveyed that they received decreasing orders and the market showed no signs of reviving. Separation plants and smelters faced price inversions this month, and it was hard for traders to earn profits.
Without support from downstream industries, Chinese Rare Earth Market continued to witness slightly sliding prices and slack demand in August. Most rare earth products' prices hit the bottom in mid-August. With expectation of driving forces and consumers purchased some raw materials, the prices revived a bit in late August. Most magnet plants conveyed that they received decreasing orders and the market showed no signs of reviving. Separation plants and smelters faced price inversions this month, and it was hard for traders to earn profits.
