SMM Rare Earth Weekly Survey: Bullish Mood Prevails in Rare Earth Markets (15-19 Jul. 2013)-Shanghai Metals Market

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SMM Rare Earth Weekly Survey: Bullish Mood Prevails in Rare Earth Markets (15-19 Jul. 2013)

Price Review & Forecast 05:17:07PM Jul 22, 2013 Source:SMM

SHANGHAI, Jul. 22 (SMM) – The most recent SMM survey shows that stricter crackdowns on illegal rare earth operations and report that the State Reserve Bureau will stockpile rare earth left strong bullish mood in rare earth markets. 

Last week, prices were RMB 28,000/mt for lanthanum oxide, RMB 28,500/mt for cerium oxide, RMB 410,000/mt for praseodymium oxide, RMB 281,000/mt for neodymium oxide, RMB 302,000/mt for didymium oxide, RMB 3,940/kg for europium oxide, RMB 1,775/kg for dysprosium oxide, RMB 153,500/mt for gadolinium oxide, RMB 48,200/mt for cerium misch metal, RMB 386,000/mt for praseodymium-neodymium alloy and RMB 1,865,000/mt for dysprosium-iron alloy.
 
SMM expects rare earth prices will continue to rise this week.
Key Words:  rare earth price 

SMM Rare Earth Weekly Survey: Bullish Mood Prevails in Rare Earth Markets (15-19 Jul. 2013)

Price Review & Forecast 05:17:07PM Jul 22, 2013 Source:SMM

SHANGHAI, Jul. 22 (SMM) – The most recent SMM survey shows that stricter crackdowns on illegal rare earth operations and report that the State Reserve Bureau will stockpile rare earth left strong bullish mood in rare earth markets. 

Last week, prices were RMB 28,000/mt for lanthanum oxide, RMB 28,500/mt for cerium oxide, RMB 410,000/mt for praseodymium oxide, RMB 281,000/mt for neodymium oxide, RMB 302,000/mt for didymium oxide, RMB 3,940/kg for europium oxide, RMB 1,775/kg for dysprosium oxide, RMB 153,500/mt for gadolinium oxide, RMB 48,200/mt for cerium misch metal, RMB 386,000/mt for praseodymium-neodymium alloy and RMB 1,865,000/mt for dysprosium-iron alloy.
 
SMM expects rare earth prices will continue to rise this week.
Key Words:  rare earth price