LYC 0.61% $6.52 lynas rare earths limited

Chinese producers increase prices

  1. 989 Posts.
    I know everyone is still processing what happened yesterday but there's this bit of news today:

    http://www.metal-pages.com/news/story/98692/rare-earths-chinese-producers-increase-prices/

    21 Mar 2017

    Rare earths: Chinese producers increase prices

    BEIJING (Metal-Pages) 21-Mar-17.  Chinese producers offered higher prices in response to tight spot supply, with the praseodymium-neodymium and terbium markets at their highest levels since mid-2015. Consumers continued to purchase ...


    This is the fastest I've seen rare earth price increases since I started following Lynas.
 
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