日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Markets

Increase in rare earth prices will not affect global market, demand

By YANG ZIMAN (China Daily) Updated: 2015-10-29 10:21

The increase in prices by China's largest rare earth miner will not have a material effect on global prices or demand, according to a leading expert on the sector.

China Northern Rare Earth (Group) High-Tech Co Ltd increased the indicative price of praseodymium and neodymium oxides by 10,000 yuan per ton ($1,573) this week, a 4 percent hike. At the close of trading on Wednesday, their average price stood at 257,500 yuan per ton, according to the Shanghai Metals Market.

But Chen Chuandong, a senior researcher from Baotou Research Institute of Rare Earths, insists that supply still outstrips demand, and the biggest issue facing the market is illegal mining.

"Legal companies are still over-producing and illegal supplies are active while demand has been stable. The price hike by China Northern Rare Earth has not become obvious in the global supply and demand chain," said Chen.

Earlier this month, China Northern said market conditions had forced it to cut its output target for the year, as did the country's other five major producers.

The latest industry figures show that the Inner Mongolia autonomous region, China's rare earth production base, registered exports of 2,663.8 tons, a 36.5 percent increase from the same period of last year.

Average export prices, however, have fallen by 34.7 percent year-on-year to 32,000 yuan per ton. According to industry news website Mining.com, recent figures disclosed by the Association of China Rare Earth Industry show that about 90 percent of the nation's rare earth producers are currently operating at a loss.

Although a major rare earth producer and exporter, for a long time China has had little say in setting prices, according to a recent analysis by Shenzhen-based CIConsulting. Too many small competitors, exploiting resources in a wasteful manner, said the report, had caused the price war at a time when demand is sluggish. "A lot of companies in the rare earth industry have been suffering in terms of revenue, after the 17-year export quota was lifted this year, dragging down rare earth prices," said Chen.

"Excess production capacity, lack of regulation on competition and under-priced exports are the three major factors affecting China's vulnerability to price fluctuations."

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 日韩一二三区 | 亚洲精品福利 | 国产欧美一区二区精品性色 | 五月婷婷六月婷婷 | 91视频成人免费 | 黄网在线免费 | 欧美日韩色综合 | 狠狠干狠狠操 | 日韩一二三四五区 | 色哟哟一一国产精品 | 天堂久久网| 91美女片黄在线观看游戏 | 99久久这里只有精品 | 久久久久999| 国产精品美女久久久久av爽 | 日韩视频在线观看一区二区 | 国产小视频免费观看 | 久久久国产一级片 | 欧美一区在线视频 | 在线免费观看91 | 在线观看中文字幕第一页 | 亚洲精品午夜国产va久久成人 | 国产黄色三级 | 911香蕉视频| 欧美啪啪网站 | 成年人网站在线观看视频 | 在线视频亚洲 | 欧美成人免费在线视频 | 国产第1页 | 国产精品主播在线观看 | 依依成人综合网 | 国产成人精品一区二区三区 | 亚洲最新在线 | 狠狠干男人的天堂 | 成人三级视频在线观看 | 国产suv精品一区二区69 | 亚欧精品在线观看 | 黄色日本视频 | 日韩免费高清视频 | 69国产精品视频免费观看 | 亚洲欧洲av在线 |