China Rare Earth Exports Swell in December 2015 as Prices Hit Bottom

SHANGHAI, Jan. 20 (SMM) – China’s rare earth exports hit the highest for 2015 in December as when prices hit a bottom.

Customs data showed China exported 4,838 tonnes of rare earth in December 2015, up 66.7% year-on-year and 49.3% month-on-month. The average export price was $8.1/kg, down 29.4% year-on-year and 15.4% month-on-month. 

China’s rare earth exports totaled 34,833 tonnes for the whole of 2015, up 25.4% from 2014, at an average export price of $10.7/kg, down 6.4% from a year ago. 

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