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China’s September rare earth exports declined sharply by 43.9% on year

iconNov 5, 2020 11:32
Source:SMM
China’s rare earth exports in September stood at 2,003.3 mt, down 43.9% from a year earlier. Rare earth export value in September stood at 130 million yuan. Exports from January to September declined 27.5% year over year to 26,380.6 mt. Export value fell 25.5% year on year in January-September to 1.78 billion yuan.

SHANGHAI, Nov 5 (SMM)—China’s rare earth exports in September stood at 2,003.3 mt, down 43.9% from a year earlier. Rare earth export value in September stood at 130 million yuan. Exports from January to September declined 27.5% year over year to 26,380.6 mt. Export value fell 25.5% year on year in January-September to 1.78 billion yuan.

China imported 22,274 mt of unspecified rare earth oxide and mixed rare earth carbonate ore in January-September, 17.1% lower than the same period last year. Rare earth ore imports (unspecified rare earth oxide and mixed rare earth carbonate ore) from Myanmar stood at 18,759 mt, down 15% on the year. China imported 4,892 mt of mixed rare earth carbonate ore from Myanmar, down 52.3% year on year.  

Unspecified rare earth oxide imports from Myanmar stood at 13,867 mt from January to September in 2020, up 18% on the year. China's imports of unspecified rare earth oxide from Myanmar in September fell 30.2% year-on-year to 1,407 mt.

China’s rare earth metal ore imports from the US rose 51% on the year to 49,040 mt from January to September, while that from the US in September stood at 2,240 mt, down 64% year on year.

Analysis of rare earth exports (2018-2020)

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