Rare Earth Market Report March 2016
2016-04-06 10:00:32 【Print】
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Chinese rare earth market witnessed soft demand and slow buying activities in March, and the market prices of PrNd products, dysprosium products, terbium oxide 99
. 99%min and europium oxide 99 . 99%min showed downtrend in domestic market . Lanthanum oxide, cerium oxide and yttrium oxide export prices slid a bit following the declining prices in Chinese market . In overseas market, lanthanum oxide and cerium oxide prices in U . S . kept relatively stable as most traders mainly consumed stocks . European praseodymium oxide 99 . 5%min price even rose a bit due to limited supply . Generally speaking, rare earth market in both home and abroad continued to run slowly and confronted soft downstream demand either . As it comes to the April, Chinese commercial storage will be carried out, insiders predicted that rare earth market will not fluctuate much and insiders will hold wait-and-see attitudes in the coming month.