Pr/Nd oxide up again, market sentiment bullish, page-588

http://www.ac-rei.org.cn

Nov REE industry analysis

REE Price keep downturn trend. NDPR price dropped 40% from its latest high, DyO dropped 30%. There was no encouraging policies, also no enough demand to support the price. Most downstream business still have stock and only purchased as they needed from Aug 2017 to Oct 2017. Small amount purchase also cause the price keep dropping.


REE index in Nov period, dropped from 162.1 to 141.
Nov REE average price (compare to Oct average price) : LaO down 0.31%,CeO down 0.57%,
SmO no change, ErO,YbO,LuO no change as well
EuO down 10.60%,
PrO down 6.69%, NdO down 6.70%, GdO down 24.17%, TbO down 11.13%, DyO down 0.45%, FeDy down 10.01%,HoO down 9.07%, NDPR oxide down 12.17%, NDPR metal down 16.69%, YtO down 6.91%

REE export figures:

China export 3467 tons Oct 2017， which is 1.02% more than Oct 2016 and 6.68% less than Sep 2017. Also China export 3,466,963 kg REE for 35,261,910 US dollars, average price at 10.17 per kg.

L-REE: PRO exported 28550 kg up 17.25% (compare to Sep 2017), NDO exported 20870 kg down 51.01% (compare to Sep 2017), CeO exported 142700 kg up 2.01% (compare to Sep 2017),
LaO exported 474310 kg down 62.96% (compare to Sep 2017), EuO exported 101kg down 84.93% (compare to Sep 2017)

H-REE: DyO exported 22275 kg up 66.73% (compare to Sep 2017), YtO exported 102110 kg down 58.44% (compare to Sep 2017), TbO exported 3100kg down 14.48%