Rare Earth Market Report July 2014
2014-08-15 09:07:22 【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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The Chinese rare earth market showed no signs of rebounding in July. Consumers were still inactive to make purchases. As smelters and separations plants were in deficit, suppliers raised prices for PrNd and dysprosium related products. They intended to hold stocks rather than sell the material at lower prices. The national storage policy was carried out on July, 31th, and the State Reserve Bureau would store 4,000 tons of rare earth oxides, therefore, it is predicted that rare earth prices will show upward tendencies in August.
