SMM Rare Earth Weekly Survey: Prices of Rare Earth Products Continue to Fall (Dec. 23-27, 2013)-Shanghai Metals Market

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SMM Rare Earth Weekly Survey: Prices of Rare Earth Products Continue to Fall (Dec. 23-27, 2013)

Price Review & Forecast 03:51:02PM Dec 31, 2013 Source:SMM

SHANGHAI, Dec. 31 (SMM) – Last week, prices for rare earth products in China continue to decline, as downstream buyers still showed limited buying interest. Although some large rare earth enterprises offered high prices, SMEs made some transactions at low prices due to urgent needs for money. As orders will remain poor this week and the New Year and Chinese New Year holidays near, SMM expects China’s rare earth market to remain depressed, with prices down further. 

 
Key Words:  China rare earth 

SMM Rare Earth Weekly Survey: Prices of Rare Earth Products Continue to Fall (Dec. 23-27, 2013)

Price Review & Forecast 03:51:02PM Dec 31, 2013 Source:SMM

SHANGHAI, Dec. 31 (SMM) – Last week, prices for rare earth products in China continue to decline, as downstream buyers still showed limited buying interest. Although some large rare earth enterprises offered high prices, SMEs made some transactions at low prices due to urgent needs for money. As orders will remain poor this week and the New Year and Chinese New Year holidays near, SMM expects China’s rare earth market to remain depressed, with prices down further. 

 
Key Words:  China rare earth