Still falling with high speed. If Baotou is lowering Pr/Nd prices this would affect Lynas cause Pr/Nd is their core product in terms of revenue.
HEADLINES
05 June 2013 » Yttrium oxide prices down again on abundant supply and stagnant sales » Dysprosium oxide prices steady as suppliers reluctant to sell cheaply » Neodymium oxide export market remains dull on lack of consumer buying » NDAA bill for 2014 proposes $41 million to stockpile six critical materials 04 June 2013 » CRITICAL MINERALS 2013: Govt responses vary in reaction to 'rare earth shock' » China: market unrest on rumours of Baotou lowering Pr/Nd listed prices » Terbium oxide business thin as buyers and suppliers monitor market » Praseodymium oxide prices hold steady as supply increases » Rare earth carbonate prices weak on sluggish sales for downstream rare earth products » Cerium oxide market slow on sluggish sales and abundant supply » Bleak outlook for growth in EU metals industry » China's TLWM builds tungsten and molybdenum processing plant in Tianjin » China neodymium metal exports down 27.85% in April 2013 » China cerium oxide exports up 81.04% in April 2013 » China europium oxide exports down 83.79% in April 2013 » China terbium oxide exports down 23.59% in April 2013 » China yttrium oxide exports down 8.25% in April 2013
LYC Price at posting:
53.5¢ Sentiment: None Disclosure: Held
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