Rare Earth Market Report November 2017
2017-12-12 08:47:39 【Print】
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Entering the November, insiders watched for the rare earth national reserve this month
. However, there were still some different opinions among six groups and State Reserve Bureau, and the national reserve turned out to be a failure . As a result, most rare earth products, such as PrNd, terbium, lanthanum, cerium, yttrium and europium, prices showed downtrend, while dysprosium products' prices stood relatively stable this month . Owing to sliding price in spot market, consumers only purchased for immediate use and delayed replenishments, which resulted in rare deals . Without support from driving policies, insiders predict that rare earth price would hit the bottom next month.