China's rare earth export volume and price increased in March, with rare earth oxide accounting for the the largest proportion

SHANGHAI, Apr 27 (SMM) – According to customs data, China's rare earth exports stood at 4,837.1 mt in March, up 36.9% month on month, and the average export price was $12.05/kg, up 8%. Exports of rare earth oxide accounted for the the largest proportion of total exports and stood at 2,212.834 mt, an increase of 27.11% month on month, and the average export price was $17,667.5/mt, up 15.75%. Rare earth salts came the next. The export volume of single rare earth salt was 1,666.912 mt, an increase of 131% on the month, while that of other rare earth salts was 124.002 mt, a decrease of 11.43%.

It should be noted that export products mainly refer to rare earth oxides, rare earth metals, rare earth salts and rare earth ore and exclude downstream products such as rare earth permanent magnets.

In terms of rare earth oxides, they are mainly divided into two categories: single rare earth oxide and unlisted rare earth oxide. In March, exports of single rare earth oxide accounted for 77% of total rare earth oxide exports and stood at 1,705.312 mt. Exports of unlisted rare earth oxide accounted for 23% of total rare earth oxide exports and stood at 507.522 mt.

Among the exports of single rare earth oxides, the top five export products were lanthanum oxide, cerium oxide, yttrium oxide, neodymium oxide and dysprosium oxide. Among the exports of single rare earth salts, the top five export products were cerium carbonate, lanthanum carbonate, yttrium carbonate, other cerium compounds, and cerium hydroxide.