Monthly Rare Earth Market Report Sep 2019
2019-10-12 20:07:58 【Print】
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1. Market Highlights
Supported by the tight ionic rare earth concentrate supply and the inspection in Jiangxi, Inner Mongolia and Sichuan, markets of Chinese PrNd, dysprosium, terbium, gadolinium, holmium and erbium related products saw increasing prices and buying activities in the first half month of September. Prices of above products slid in the second half month of September as NdFeB magnet plants delayed purchasing. Prices for lanthanum, cerium, europium and yttrium related products showed relatively stable trend as suppliers said current prices already very closed to their production cost and refused to mark down prices in spite of the weak demand.
Supported by the tight ionic rare earth concentrate supply and the inspection in Jiangxi, Inner Mongolia and Sichuan, markets of Chinese PrNd, dysprosium, terbium, gadolinium, holmium and erbium related products saw increasing prices and buying activities in the first half month of September. Prices of above products slid in the second half month of September as NdFeB magnet plants delayed purchasing. Prices for lanthanum, cerium, europium and yttrium related products showed relatively stable trend as suppliers said current prices already very closed to their production cost and refused to mark down prices in spite of the weak demand.
