Rare earth market has lost the normal supply of resources prices will continue to rise

Wikipedia information released in June 30th June rare monthly report, June, rare earth prices continued strong momentum in the strong bullish expectations, traders and manufacturers of rare earth mine collective cover ore sellers, market has lost the normal supply of resources, especially in heavy rare earth.

Wikipedia Information Analyst Lu Ming said that in June, the majority of rare earth products prices are still rising trend, the heavy rare earth products and prices continue to soar, the south main separation plant again adjust the price of rare earth products, the integration of resources to further increase the intensity, the supplier of rare earth to the goods market outlook optimistic wait-and-see. Part of the supplier to suspend praseodymium neodymium mixed metal, dysprosium oxide and other products offer. He expects some rare earth products prices are only temporary, the price will continue to rise next month

However, it's difficult to accept lower raw material prices soaring crazy. For downstream industries, only the fluorescent powder market is more active, other industry turnover is slow.

Lu Ming said the impact of recent south rare earth market integration, leading to the various product lines or southern ionic rare earth oxides increase, high profits spurred traders and enterprises, including the upstream and downstream enterprises to stockpile the tide, "no rice pot" predicament is more serious.

Jiangxi Ganzhou a large smelting company executives told this year, rare earth prices high, is mainly the government regulation of the rare earth industry, the annual production of rare earths are far higher than the planned index specified by the Ministry of land and resources, but did not get a penalty, but this year because of worries about government to check the miners of rare earths will yield a lot of care, reduce.

Because the market supply has not been reduced in the case of the already in short supply, in this year's output is expected to decline and demand continues to grow, the rare earth prices rising.

Lu Ming believes that in late June, the overall trend of rare earth began to stabilize, light rare earth lanthanum, cerium, praseodymium and other products also fell slightly, some brokers and traders began to offer Paohuo, Baotou Steel and other large enterprises, lanthanum, cerium, praseodymium, neodymium market decline is a serious phenomenon, europium and terbium prices did not change much, Dy because of its strong demand, prices still rose slightly, is expected to price stability is only temporary, the price will continue to rise next month.