Rare Earth Market Report December 2017

1. Monthly Review

In early December of 2017, Chinese downstream consumers continued to watch the market and delay settling replenishment. In mid-December, metal and magnet plants purchased raw material, the separation plants raised their offers rapidly owing to firm production cost, so the price hit the bottom and rebounded up quickly.Asian Metal Copyright In mid-December, metal and magnet plants purchased raw material, the separation plants raised their offers rapidly owing to firm production cost, so the price hit the bottom and rebounded up quickly.Asian Metal Copyright During the latter half of December, PrNd, dysprosium, terbium prices moved up, while lanthanum, cerium, yttrium and europium prices slid and stayed relatively stable at the end of this month.Asian Metal Copyright1.Asian Metal Copyright By end of December, most magnet plants held insufficient stocks, but demand from phosphor powder, catalytic, glass, ceramic glaze, polishing powder and hydrogen storage alloy industries kept weak.Asian Metal Copyright During the latter half of December, PrNd, dysprosium, terbium prices moved up, while lanthanum, cerium, yttrium and europium prices slid and stayed relatively stable at the end of this month.Asian Metal Copyright Insiders predicted that magnet relevant raw materials would increase further, but lanthanum, cerium, yttrium and europium prices would drop a bit further due to heavy stocks.