[SMM rare Earth Daily Review 09.05] rare earth product prices are up again in the second half of the year, and there is still room for upward growth.

Published: Sep 5, 2019 18:51

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SMM, Sept. 5 / PRNewswire-Asianet /-

Today, the prices of praseodymium neodymium oxide, dysprosium oxide and terbium oxide all rose. Praseodymium neodymium oxide quoted at 32.3-328000 yuan / ton, neodymium oxide followed by 32.5-330000 yuan / ton, dysprosium oxide rose to 191-1.94 million yuan / ton, and the price of terbium oxide was raised to 393-3.95 million yuan / ton. Still affected by the supply of rare earths in the second half of the year, the confidence of upstream businesses continues to be good, the quotation of large factories is relatively strong, the prices of rare earth products continue to rise, and the actual transaction in the market is general. In September, metal and downstream enterprise demand gradually pick up, is expected to be affected by the second half of the supply tightening, demand recovery, praseodymium neodymium, dysprosium, terbium and other rare earth products prices still exist.

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[focus] 2019 China rare Earth permanent Magnet Industry Market Application Development Forum

The trade war between China and the United States has made rare earths become the focus of global attention. China has the largest rare earth industry resources and export dominance in the world, and the world is highly dependent on China's rare earths, especially the United States. How will China make good use of the development advantages of the rare earth industry in the future? how to improve the development of the industry, monitor and crack down on black rare earths in order to standardize the ecological environment of the industry, and whether the rare earth industry has become a rising star after it has been put forward for strategic development? Whether the rare earth enterprise ushered in the tuyere? How will the price of rare earths go? At the 2019 China rare Earth permanent Magnet Industry Market Application Development Forum, SMM will invite industry experts and enterprise bigwigs to interpret the market focus topics for everyone, and provide technical professional guidance for the high-quality development of enterprises, so as to help enterprises have more advantages in the fierce competition. Welcome to the summit, together with the industry!

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