Rare Earth Market Report March 2017

The rare earth market witnessed continuously rising price in early March due both to further increasing offers of China Northern Rare Earth Group and the active purchasing activities among suppliers for the second and third national storage reserves on 13 December, 2016 and 19 January, 2017.Asian Metal Copyright Insiders held stocks from selling and preferred to watch market in April.Asian Metal Copyright However, PrNd mischmetal producers were cautious to replenish raw materials as end users did not accept higher prices for magnets.Asian Metal Copyright99%min and lutetium oxide 99.Asian Metal Copyright Thus, the market turned into stalemate in mid-March.Asian Metal Copyright However, PrNd mischmetal producers were cautious to replenish raw materials as end users did not accept higher prices for magnets.Asian Metal Copyright On 28 March, the State Reserve Bureau held the fourth biding meeting for rare earth reserve, which the terbium oxide 99.Asian Metal Copyright Thus, the market turned into stalemate in mid-March.Asian Metal Copyright99%min and lutetium oxide 99.Asian Metal Copyright However, PrNd mischmetal producers were cautious to replenish raw materials as end users did not accept higher prices for magnets.Asian Metal Copyright99%min failed to bid as the bidding prices were lower than market prices at the same period and only Northern Rare Earth Group bid for 100 tonnes of PrNd oxide and 220 tonnes of neodymium oxide 99.Asian Metal Copyright On 28 March, the State Reserve Bureau held the fourth biding meeting for rare earth reserve, which the terbium oxide 99.Asian Metal Copyright5%min with low price level.Asian Metal Copyright5%min with low price level.Asian Metal Copyright Insiders held stocks from selling and preferred to watch market in April.
.Asian Metal Copyright On 28 March, the State Reserve Bureau held the fourth biding meeting for rare earth reserve, which the terbium oxide 99Asian Metal Copyright