[Rare Earth Price] Ganzhou Rare Earth Association Cuts Rare Earth Guide Price for First Time Since May

Published: Jul 9, 2015 11:19
The Ganzhou Rare Earth Industry Association cut guide price of ion-type rare earth for July 1-10 bookings, the first cut since May after three consecutive price hikes.

SHANGHAI, Jul. 9 (SMM) – The Ganzhou Rare Earth Industry Association cut guide price of ion-type rare earth for July 1-10 bookings, the first cut since May after three consecutive price hikes, cnmn. com reported. 

The table below shows details of the price adjustment by the association.

                                                                                                        Unit: yuan per tonne (tax included)

Product

June 21-30

July 1-10

Change

Medium-yttrium and   rich-europium ore

210,000-220,000

190,000

-20,000-30,000

Longnan high-yttrium ore

220,000

200,000

-20,000

Anyuan high-yttrium ore

210,000

190,000

-20,000

Xunwu low-yttrium and   low-europium ore

140,000

130,000

-10,000

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