Rare Earth Market Report June 2012
2012-07-11 09:50:13 【Print】
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Rare earth markets are stagnant in June. Lack of support of the real needs from downstream industries, buyers hold wait-and-see attitude in the near future and are reluctant to rebuild stocks. Prices of rare earth still have room to go down, but ranges are not much. It is expected that prices of rare earth are likely to hit the bottom levels.
Affected by crises of European economy, purchasers are still unwillingly to replenish stocks, and they prefer to buy from hand to mouth. Now the international market of rare earth is still soft.
Affected by crises of European economy, purchasers are still unwillingly to replenish stocks, and they prefer to buy from hand to mouth. Now the international market of rare earth is still soft.
