19 January 2010
Rare earth prices surge in Q1 despite China increasing annual export quotas
Keywords: rare earth, neodymium, praseodymium, cerium, magnets, hard drives
Prices of certain key rare earth minerals from China the source of over 95% of world supply have risen sharply since the start of the year due to a shortage of material.
Industry sources reported a surge in prices, especially for the magnetic rare earth materials neodymium and praseodymium, despite a year-on-year increase in the first round of Chinese export quotas for 2010.
Latest prices have been quoted as follow:
Cerium oxide (99%, bulk purchases, FOB China), used for flat panel polish: $4.40/kg, up from $3.2-4.2/kg
Watch out for LYC SP in the near future.
rare earth pricing, page-19
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.92 |
Change
-0.020(0.29%) |
Mkt cap ! $6.468B | |||
| Open | High | Low | Value | Volume |
| $6.95 | $6.97 | $6.87 | $16.72M | 2.418M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5820 | $6.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.93 | 15020 | 3 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |