SHANGHAI, Jul 9 (SMM) – SMM data showed that China's didymium oxide output stood at 6,714 mt in June, down 6.31% from the previous month. After revision, China's didymium oxide output stood at 7,166 mt in May, compared to 6,395 mt before the revision.
In terms of regions, the top five provinces with the highest output of didymium oxide in June were Inner Mongolia, Jiangxi, Jiangsu, Sichuan and Gansu. The production of enterprises in Jiangxi, Shandong, Guangdong, Hunan, and Sichuan were affected in June. Environmental inspections were a major cause. Some enterprises took routine maintenance. Some enterprises indicated that the output of oxides decreased due to the tight raw materials in the early stage.
Prices of rare earth products rose rapidly in July, and the difficulty of purchasing raw ore or scrap further increased. Sichuan and Guangdong were under pressure from environmental protection, and didymium oxide output may continue to decline. It is expected that China's didymium oxide output will stand at 6,409 mt in July.
