Yep, NdFeB slow demand post summer has to be a concern, all the Sthn HRE producers are bleeding red ink, only the LRE producers Baotou & Lynas are CF positive ATM.
"AM statistics：Chinese rare earth export average price decreases by 39.2% YOY in the former eight months of 2016[09-21"
The Dragon is giving the stuff away, benevolent Dragon.
SRB was originally proposing to purchase 10kt NdPr before talks stalled in June, now apparently proposing to go into the spot market rather than producer storage.
Do you know if they still intend to purchase 10kt?
lacklustre demand for Pr/Nd, page-3
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