Rare Earth Market Report September 2011
2011-10-13 10:17:40 【Print】
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The slack rare earth market in July and August leads purchasers and end users remain inactive in replenishing rare earth stocks in September, intending to watch the market for a while. Thus, the entire rare earth market in September keeps flat. However, PrNd related products prices show stable tendency and manufacturers are not inclined to sell PrNd oxide and mischmetal at lowers prices. Traders hold PrNd oxide and mischmetal offers stable due to their decreased stocks. NdFeB magnets producers are hesitated in purchasing PrNd mischmetal and ferrodysprosium 80%min as their downstream users remain cautious to send orders, though majority of them don’t have big volume of PrNd mischmetal and ferrodysprosium 80%min at hand. Light rare earths, such as lanthanum oxide 99-99.9% and cerium oxide 99-99.9%, transactions are slow and suppliers have great pressure in releasing stocks. Heavy rare earth market continues to be quiet and the demand is soft.
In September, rare earth exporting market is stagnant. Overseas importers still have enough stocks of light rare earths, such as lanthanum oxide 99-99.9% and cerium oxide 99-99.9%, and then they are in no hurry to purchase these materials from China mainland, expecting lower prices. Parts of foreign suppliers make rather lower quotations for rare earths, which makes Chinese exporters to have a hard time.
In September, rare earth exporting market is stagnant. Overseas importers still have enough stocks of light rare earths, such as lanthanum oxide 99-99.9% and cerium oxide 99-99.9%, and then they are in no hurry to purchase these materials from China mainland, expecting lower prices. Parts of foreign suppliers make rather lower quotations for rare earths, which makes Chinese exporters to have a hard time.
