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RE prices fell two months in March as traders store goods evaporation 5,000,000

    Ganzhou is currently part of rare earth separating enterprises have stopped purchasing ore, rare earth mining companies due to upstream mining index has been used up, and over-exploitation of the ore can not provide invoices, resulting in lower ore smelting companies can not be included in the cost of procurement.

    Yesterday (August 3),Germany extension socket Ganzhou, Jiangxi Rare Earth markets. 99.9% yttrium oxide priced at 40 yuan / ton, the price of cerium oxide is 16.5 yuan / ton, a month ago, their highest price reached 50 yuan / ton and 23 yuan / ton . This is the rare earth prices fell across the board in a microcosm.

    In this case, Electronic Mosquito-Killer coupled with inadequate supply of rare earth raw materials, shortage of funds business, environmental barriers, such as multiple factors,power strip some domestic smelting enterprises were faced with varying degrees of cut or even stop production.

    A rare earth fluorescent materials Co., Ltd. East senior, said that if a large area of ??rare-earth business shutdown, the business impact of downstream applications will be difficult to avoid.

    However,Extension cord more analysts, said during an interview, rare earth to stop production of the downstream effects of the psychological impact is now greater than the actual impact.

    Price diving traders throw stockpile emergency

    "Booster cable From July, the price of rare earth has been dropped, and now almost the lowest of prices." Ganzhou Rare Earth's Deli Manager Yuan told the author, the momentum of rare-earth prices lasted more than 20 days, to see the momentum does not, he have some higher-priced rare earth products to sell out, and now have only some of the lower priced varieties.

    "July 2, was quoted 2.1 million yuan / ton, I did not sell, now 1.6 million yuan / ton, I have four go to buyers." County in Ganzhou in Jiangxi Rare Earth trade Liu Jianbing sigh. He said, neodymium oxide per tonne from a month ago, more than 200 million, plummeted, and now only sell 1.5 million to $ 1.6 million. The 10 tons of stockpiled three months worth of neodymium oxide will evaporate nearly 500 million, "if not disposed of as soon as possible, the loss is even greater."

    Million-dollar price for some products, Liu Jianbing more did not neglect, a sign of trouble, immediately sold. In June, the highest europium oxide sold more than 3,000 yuan / ton, and into July, its price fell. Liu told the author that, when the price of europium oxide down to 27 million yuan / ton, he had on all clearance.

    The Manager Yuan also said that since July, the price of rare earth products all the way down, he saw the situation wrong, they will quickly europium oxide, dysprosium oxide and other higher-priced products to sell, retain only the hands of one million yuan less than the price products, "a period of time, europium oxide one day or 100 million loss simply can not afford to ah, to sell to sell quickly, even lower than the market price, because they do not sell, only a loss greater."

    Yesterday, Ganzhou Kwong Lee High-tech Material Co., Ltd. (purity) 99.99% of europium oxide price is 2500 yuan / ton. Liaojun Wei said the company's vice president of sales, the highest this product when they sold the company 35 million yuan / ton.

    Before July this year, during the time, but it is leaps and bounds the price of rare earth, cerium oxide from the beginning of the year to 50,000 yuan / ton, the highest in June rose to 23 yuan / ton; praseodymium oxide from the beginning of 32 yuan / ton in June maximum rose to 116 yuan / ton. Most of the rare earth oxide prices turned over several times.

    However, to enter July, the beginning all the way down the price of rare earth products, which makes many traders anticipated.

    Emergency stop some ore smelters

    Rare. When a product's price was down trend, often means that the amount of product on the market increased noticeably. However, the current Ganzhou Rare Earth Products affected by this rule does not seem to affect.

    It is a rare earth traders introduced since last year, the rare earth ore prices climbing higher and higher, he bought at high prices from dozens of private mine owners tons of ore, however, separated by private mining companies and the government no money to buy the illegal trade of rare-earth efforts to crack down plus large double influence, he can not get rid of the hands of the ore, with heavy losses.

    According to my understanding, currently part of Ganzhou rare earth separating enterprises have stopped purchasing ore, rare earth mining companies due to upstream mining index has been used up, and over-exploitation of the ore can not provide invoices, resulting in lower ore smelting companies can not be included in the cost of procurement.

    "No one can do is not long ore, mine stopped mining, can not get raw materials to the factory now has almost stopped for three months." Yesterday, discontinued Ganzhou rare earth separating enterprises office sources said.

    Ganzhou De Shipu New Material Resources Co., Ltd. Sales Manager LIU Wei-Feng told the author, the company has discontinued the ongoing equipment maintenance, and now the company is not much inventory of products, and products are some of the previous accumulation.

    Liu Jianbing said that equipment maintenance is only an excuse, in fact, because no mine has to stop, "in Ganzhou, not only De Shipu, the separation of many small and medium enterprises, are as barren, into a cut-off point . "

    Can not be ignored is the separation of rare earth smelting enterprises have ceased to be a direct impact on the downstream related industries. Public information, energy-saving lamps, electric cars are rare downstream industries, and permanent magnet wind turbine materials is the main raw material.

    However, more analysts, said during an interview, rare earth to stop production of the downstream effects of the psychological impact is now greater than the actual impact, "a large part of the first half of sales are in the hands of middlemen and users hoarding a few months of actual production shutdown limited impact on downstream. "

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