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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