E-mail:bxj@baiinfo.com Nov 21, 2024 Thursday US$1 = RMB 7.1934;
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BAIINFO Highlights - Domestic Rare Earth Market Prices Skyrocketed After National Day


Source: BAIINFO     Update Time:2021/11/9 10:44:31     【Print】【Collection】
Keywords: Domestic Rare Earth Market Prices
Summary: BAIINFO-CHINA, Domestic rare earth market prices skyrocketed after National Day. After the holiday, offers and actual trading prices persistently climbed up buoyed by growing buying interest and short spot supply. In mid-to-late Oct., orders from end users picked up and NdFeB plants started to restock goods. SASAC issued a statement, vigorously promoting professional integration in rare earths. Meanwhile, power cuts started in Jiangxi. These bullish factors triggered a huge hike in prices of rare earth elements.

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