Rare Earth Market Report February 2012
2012-03-13 14:37:45 【Print】
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Along with the downturn trend of last month, rare earths demand in February 2012 remains sluggish, and purchasers lack confidence in the recent market tendency to delay making purchases. Most smelting, separation of enterprises have not gone through the environmental review, and been in shutdown state. The demand from rare earth-related downstream sectors, such as NdFeB magnets, phosphor powder, polishing powder, glass and ceramic industries, have not yet rebounded, and prices of rare earth products continue to lower volatility.
In foreign markets, in general, global economic trends are still less active, and foreign buyers are cautious to purchase rare earth products. They prefer to replenish stocks from hand to mouth, but the inquiries do increase in the spot market; Pushed by the sufficient supply of light rare earth worldwide, Chinese suppliers for light rare earth products are under great pressure to liquid the stocks; Sources are more optimistic about the heavy rare earth market, and it is expected that prices of HRE will remain strong.
In foreign markets, in general, global economic trends are still less active, and foreign buyers are cautious to purchase rare earth products. They prefer to replenish stocks from hand to mouth, but the inquiries do increase in the spot market; Pushed by the sufficient supply of light rare earth worldwide, Chinese suppliers for light rare earth products are under great pressure to liquid the stocks; Sources are more optimistic about the heavy rare earth market, and it is expected that prices of HRE will remain strong.
