Source: | BAIINFO Update Time:2024/7/26 12:34:58 【Print】【Collection】 |
Keywords: | China Rare Earth Elements Market |
Summary: | BAIINFO-CHINA, The first half of 2024 saw a downward trend in rare earth element prices, with mainstream rare earth element prices roughly down by 30% YTD. The poor performance was primarily attributed to swelling supply and gloomy demand. An increase in H1 2024 rare earth mining quotas and imported ores added further downward pressure to the market. Without policy support, several short-term price upsides were difficult to sustain. |
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