Guys, why do you persist in this Chinese conspiracy crap when...

Guys, why do you persist in this Chinese conspiracy crap when every single piece of evidence is pointing in the opposite direction?

How on earth are the Chinese driving prices down when demand for their product thru official channels has fallen from 65KT in 2005 to 30KT in 2011 and estimates for this year are now around 12KT?

Lynas graphically presented much of the rationale for the above at the same conference. OEM's have moved into China and now consume domestic REO.

Beyond that we've had considerable smuggling (where China has no control of prices) together with a considerable run down in speculator's inventory on the back of the bubble, substantial demand destruction (particularly in the volume "commodity" RE's CE & La) again on the back of the bubble, and a general slowdown in demand across all commodities. Hardly a situation where China has any external pricing power.

To the contrary China has been shutting & consolidating production, stock piling, setting up a central trading platform, etc, etc. Read a full list here:
http://proedgewire.com/rare-earth-intel/strong-prospects-for-chinas-rare-earth-industry-policies-in-2013/

2012 was just about the perfect storm for ROW RE wannabes and the full impact is yet to roll across stock markets but the sentiment is on the money. There will be few survivors.