Rare Earth Market Report May 2011
2011-06-15 15:26:47 【Print】
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Compared with the stable situation of April, the rare earth market is getting stronger in May, especial the heavy products of rare earth
In March, importers replenish their stocks positively, and the transactions of rare earth products are increasing greatly compared with that of February. The active exporting trend for Chinese suppliers is a bit down in April . The prices of domestic rare earth products are skyrocketing, and foreign importers are actively seeking long-term suppliers for rare earth products in China . Japan is still the top one importing country for China, and United States, top two at the moment.
. Most separation plants and smelters are in no hurry to sell their products and watch the market for a short while, as the inquiry increases from consumers in the spot market . The State reserves and integration of rare earth resources policy are carrying out strongly, rare earth ores supply keeps tight with significant rising prices . La-Ce related products market is steady, and the buyers are temporarily on the sidelines, which leads lower deals now . For the downstream industries, the market remains strong for NdFeB magnetic materials, which promotes PrNd mischmetal price to go up crazily; Phosphors power industry demand increases; Ceramic industry, polishing powder and catalyst industry demand is still weak.In March, importers replenish their stocks positively, and the transactions of rare earth products are increasing greatly compared with that of February. The active exporting trend for Chinese suppliers is a bit down in April . The prices of domestic rare earth products are skyrocketing, and foreign importers are actively seeking long-term suppliers for rare earth products in China . Japan is still the top one importing country for China, and United States, top two at the moment.