Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
New Energy
DashboardDatabaseProReportsEventsCar InsightSHANGHAI, Aug. 30 (SMM) – According to customs data, China’s rare earth oxides (REO) export totaled 934.9 mt in July, down 29.8% YoY and down 15% MoM. Total export value rose 950% YoY to USD 204.209 million, but down 5.9% MoM.
Though rare earth prices were lowered in July, overseas buyers expected even lower prices with the wait-and-see sentiment growing strong. And as low-demand seasons in fluorescent power, polishing power and Neodymium-Iron-Boron industries have begun, overseas demand declined with REO export volume decreasing.
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn