Sino bleat/ROW sweet, page-2

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MarvinMartianMan

457 Posts.

30/06/16

15:14

Post #: 18161958
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Originally posted by ausheds ↑

Marvin may need to lend them his dummy:

"2009 , the state introduced restrictions on exports of rare earth policy, intended to strengthen the management of rare earth, in the international market reflect the true value of rare earths, was hit by the US and Japan and the European Union in violation of WTOregulations by the WTO against China, , 2014 Nian 3 Yue China lost, we were forced to open the door to exports of rare earths. Thus, the price of rare earth known as the "industrial MSG" all the way down, held the money in vain, "drain", people endless regret. Statistics show that last year China's exports of rare earth nearly 3.5 of 5tons, an increase also reached 25.4% ; the average export price is10.7 Meiyuan / kg, down 6.4% , a drop in price rise phenomenon occurs amount. Then China's rare earth industry-wide loss of nearly . 8billion, a majority of enterprises are facing cuts or even shut down, only a few companies can be profitable. It is rare to use our limited resources to "loss leader" for the American and Japanese do "awake", this is how unfair things ah!"

Talk about rewriting history, after shooting yerself in both feet.

The key point there for LYC: "limited resources to "loss leader" for the American and Japanese do "awake" "

Stimulated by low pricing & ample supply ROW demand looks on track to exceed 50kt easily, potentially closer to 60kt with Lynas production.

Investor media/market is yet to catch up with this extraordinary phenomenon, to the point we have to go back to 2006, pre GFC, pre price bubble, to find comparable demand:

View attachment 201273

View attachment 201275

ROW demand destruction post 2011 bubble is VERY clearly reversing and appears to be gathering increasing momentum;

View attachment 201274

2016 January to May, total exports of 19,365 tons of rare earth in China, an increase of 81.6%

Little wonder AL upgrading LaCe production to meet growing demand from higher value app's, beginning to look exponential, reports of La being "tight" ROW starting to emerge with recent uptick in price.

Wait till the glitterati commentariat actually wake up to what's developing right under their nose, "RE story" could well be back on track to the formative 1995/2006 period, this time with ROW characteristics.

No Peer.

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beginning to look exponential, reports of La being "tight" ROW starting to emerge with recent uptick in price.

Not sure what price you are looking at but Todays CREI chart shows a downtick in price back towards the record lows. Looks like he price is still meandering hence its way too early to be claiming the price is trending.

Also do you any actual source on the unsubstantiated report/rumour of 'LA' being tight.

http://www.ac-rei.org.cn/portal.php?mod=view&aid=5152

And in all this talk of RE demand, how much of this demand is specifically for Lanthanum and Cerium? Which makes up 70% of Lynas ore output.

Last edited by MarvinMartianMan: 30/06/16

LYC Price at posting: 5.3¢ Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

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