Industrial Minerals


Domestic Chinese rare earths prices edge up

16 July 2012

by John Ollett, Albert Li IM analyst, Shanghai

Rumours edge up price; China to launch trading platform

Keywords: rare earths, dysprosium, terbium, cerium, China, trading

News out of China last week suggested that the price of dysprosium and terbium may experience an uptick, but not everyone was convinced in the longetivity of the perceived bull run.

 

Reports that the Chinese government may seek to store the rare earths, as reported by IM last week, has helped boost the domestic price.

 

The domestic price of dysprosium is now Chinese renminbi (Rmb) 2m/tonne ($313,500/tonne) higher than a week ago. The price...