High purity lanthanum oxide price falls

BEIJING (Asian Metal) 3 Dec 08 – Participants reported that as rare earth market keeps sluggish in general, lanthanum oxide 99.999% price falls to around RMB45,000/t (USD6,618/t) at present, down by around RMB5,000/t (USD735/t) compared with previous prices.Asian Metal Copyright999% can be sold out one month,” said the source.Asian Metal Copyright

A source from a separation plant in South China expressed that lanthanum oxide 99.999% demand in domestic market is weak, with the price of around RMB45,000/t (USD6,618/t) at the moment.Asian Metal Copyright999% at RMB45,000t USD6,618t to a regular client in the recent days, but the amount is small.Asian Metal Copyright “As rare earth market is slow generally, some consumers of lanthanum oxide 99.999% are also unwilling to buy,” said the source, and revealed that the last deal was concluded at RMB50,000/t (USD7,353/t) about ten days ago, but the amount is small.Asian Metal Copyright999% per month, and has 70-80 tons in stock, with an offer of RMB45,000t USD6,618t.Asian Metal Copyright

According to the source, the plant produces around 60 tons of lanthanum oxide 99.999% per month, and has 70-80 tons in stock, with an offer of RMB45,000/t (USD6,618/t).Asian Metal Copyright “What is more, most of the consumers are regular clients.Asian Metal Copyright

A source from another separation plant in South China confirmed that lanthanum oxide 99.999% price has dropped to around RMB45,000/t (USD6,618/t), down by around RMB5,000/t (USD735/t) compared with previous price.Asian Metal Copyright We have sold a batch of lanthanum oxide 99.Asian Metal Copyright “Only a small volume of lanthanum oxide 99.Asian Metal Copyright999% demand in domestic market is weak, with the price of around RMB45,000t USD6,618t at the moment.Asian Metal Copyright999% can be sold out one month,” said the source.Asian Metal Copyright “Only a small volume of lanthanum oxide 99.Asian Metal Copyright “What is more, most of the consumers are regular clients.Asian Metal Copyright999% price has dropped to around RMB45,000t USD6,618t, down by around RMB5,000t USD735t compared with previous price.Asian Metal Copyright We have sold a batch of lanthanum oxide 99.999% at RMB45,000/t (USD6,618/t) to a regular client in the recent days, but the amount is small.Asian Metal CopyrightBEIJING Asian Metal 3 Dec 08 – Participants reported that as rare earth market keeps sluggish in general, lanthanum oxide 99.Asian Metal Copyright”

According to the source, the plant’s lanthanum oxide 99.999% monthly output is around 30 tons, and has some stocks at hand.Asian Metal Copyright “Only a small volume of lanthanum oxide 99.Asian Metal Copyright The plant may stop production at the end of the month, due to the soft rare earth market.