China’s rare earth industry is still exporting at a low price, and it should strive for price
2018-05-22 17:01:18
“People are stepping up their strategic reserves, and we are still exporting at a low price!†Recently, the rare earth industry associations from five key production areas in Inner Mongolia, Sichuan, Jiangxi, Jiangsu, and Guangdong were responsible for the economic situation analysis of rare earth industries in five provinces in Baotou, Inner Mongolia. Hundreds of representatives of people and some key enterprises are not happy about the improvement of the current rare earth market.
At the conference, the information released by the head of the authoritative department was: In the first half of this year, although the price of rare earths rose a lot, the total export volume increased compared with the same period of last year, especially cesium oxide, antimony oxide, antimony oxide, and metal. The export of strategic rare earth elements such as lanthanum and cerium has grown significantly. The largest importer is Japan, which accounts for more than 46% of China's exports. The United States also has a considerable share of imports from China.
Although the relevant parties did not disclose in detail the specific quantity and growth rate of China's rare earth exports in the first half of this year, it has clearly conveyed a strong signal to the delegates that some countries are indeed stepping up their strategic reserves of rare earth resources.
China's rare earth market has experienced a six-year downturn. It seems that the first half of this year saw a downturn. The prices of rare earth concentrates, rare earth carbonates, antimony oxides and antimony oxides have all rebounded significantly. China's rare earth really "salted fish turn over", Jin Gui to sell it?
The answer is negative. The current purity of 99.9% yttrium oxide is 18 yuan / kg, in the past sold up to 30 yuan / kg; yttrium oxide is 80 yuan / kg, in the past sold 90 to 100 yuan / kg; yttrium oxide is 57 yuan / kg, in the past Sold to 100 to 200 yuan / kg. In the 1980s, the price of chlorinated rare earth sold to Japan was 15 yuan/kg, but it is now sold at 7.5 yuan/kg; thorium oxide was sold at 7 yuan/kg in the past, and the selling price is now only at 2 yuan/kg. Take the price increase of cerium oxide, its price should be at least between 110 and 120 yuan / kg, to be able to compensate for the loss of helium, neptunium, thorium and some heavy rare earth elements.
The consensus of the participants in the rare earth industry associations is that although the average export prices of the 30 kinds of rare earth products in the country have all increased, this price is only a superb appearance because the state has cancelled the two export tax rebates for rare earth enterprises since May last year. A large number of export quota business quotas have been compressed. If these two factors are converted together with factors such as raw and auxiliary materials and prices for hydropower and transportation, the price of rare earths in China is still at a low point. From 1990 to 2005, the export volume of rare earths in China has increased by nearly 10 times, but the average price has been reduced to 64% of the original price. In the world where high-tech electronics, lasers, telecommunications, superconductors and other materials are required by geometric requirements, China's rare earth prices have not risen.
Some representatives from rare earth companies said that according to current prices, rare earth company profits are generally between 1% and 5%. It is a profit of up to 5%, and it is also the price of soil.
China's rare earth industry has many first in the world: resource reserves first, accounting for about 70%; production first, accounting for 80% to 90% of world's rare earth commodity volume; sales volume, 60% to 70% of rare earths Products are exported to foreign countries. As a rule, products have a market share of more than 50%, and they should have relative speaking power on the price. If we say that oil and iron ore are all because China is the largest consumer country and resources are in the hands of others, they can only be in a weak position in international trade. Why, then, China has more than 70% of the world's rare earth reserves and its output accounts for eight in the world? 90% but there is no price right?
Experts pointed out that the prices of rare earth products in China, especially lanthanum oxide, cerium oxide, lanthanum oxide, and cerium oxide, have long been controlled by foreign merchants. Some powerful foreign traders and enterprises purchased large quantities of rare earth products from China at low prices. When prices rose, they stopped purchasing and using inventory, and would purchase them again when prices were reduced again. This forced domestic companies to compete for price cuts. Foreign buyers are large buyers, only a few, and we are more than 100 foreign sales. The vicious competition among exporting enterprises in China has enabled precious rare earth short-term products to be exported at a low price, such as smashing, smashing, smashing, smashing.
"China's rare earth industries need to take joint actions to establish a price alliance, establish a price linkage mechanism, implement consistent restrictions on production and price increase measures, uniform prices, and unanimously externalize the industry." Industry sources said that the relevant state departments should set up specialized agencies with plans. The ground reserves several products with large price fluctuations. The establishment of the rare earth monopoly bureau will monopolize rare earth elements that play a role of wind vanes in the rare earth market such as ytterbium, yttrium, lanthanum, neodymium, and ytterbium, and adopt measures to stabilize prices. It is entirely possible to break the control of foreign rare earth merchants on the market.
The responsible person of the rare earth industry association attending the meeting believed that the rare earth industry must unite and reorganize and quickly establish a rare earth group led by large state-owned enterprises, so that China's rare earth industry can form several inter-regional and inter-ownership systems as soon as possible, and collect industry, trade, industry and research. As a large group company, completely out of the woods.
At the conference, the information released by the head of the authoritative department was: In the first half of this year, although the price of rare earths rose a lot, the total export volume increased compared with the same period of last year, especially cesium oxide, antimony oxide, antimony oxide, and metal. The export of strategic rare earth elements such as lanthanum and cerium has grown significantly. The largest importer is Japan, which accounts for more than 46% of China's exports. The United States also has a considerable share of imports from China.
Although the relevant parties did not disclose in detail the specific quantity and growth rate of China's rare earth exports in the first half of this year, it has clearly conveyed a strong signal to the delegates that some countries are indeed stepping up their strategic reserves of rare earth resources.
China's rare earth market has experienced a six-year downturn. It seems that the first half of this year saw a downturn. The prices of rare earth concentrates, rare earth carbonates, antimony oxides and antimony oxides have all rebounded significantly. China's rare earth really "salted fish turn over", Jin Gui to sell it?
The answer is negative. The current purity of 99.9% yttrium oxide is 18 yuan / kg, in the past sold up to 30 yuan / kg; yttrium oxide is 80 yuan / kg, in the past sold 90 to 100 yuan / kg; yttrium oxide is 57 yuan / kg, in the past Sold to 100 to 200 yuan / kg. In the 1980s, the price of chlorinated rare earth sold to Japan was 15 yuan/kg, but it is now sold at 7.5 yuan/kg; thorium oxide was sold at 7 yuan/kg in the past, and the selling price is now only at 2 yuan/kg. Take the price increase of cerium oxide, its price should be at least between 110 and 120 yuan / kg, to be able to compensate for the loss of helium, neptunium, thorium and some heavy rare earth elements.
The consensus of the participants in the rare earth industry associations is that although the average export prices of the 30 kinds of rare earth products in the country have all increased, this price is only a superb appearance because the state has cancelled the two export tax rebates for rare earth enterprises since May last year. A large number of export quota business quotas have been compressed. If these two factors are converted together with factors such as raw and auxiliary materials and prices for hydropower and transportation, the price of rare earths in China is still at a low point. From 1990 to 2005, the export volume of rare earths in China has increased by nearly 10 times, but the average price has been reduced to 64% of the original price. In the world where high-tech electronics, lasers, telecommunications, superconductors and other materials are required by geometric requirements, China's rare earth prices have not risen.
Some representatives from rare earth companies said that according to current prices, rare earth company profits are generally between 1% and 5%. It is a profit of up to 5%, and it is also the price of soil.
China's rare earth industry has many first in the world: resource reserves first, accounting for about 70%; production first, accounting for 80% to 90% of world's rare earth commodity volume; sales volume, 60% to 70% of rare earths Products are exported to foreign countries. As a rule, products have a market share of more than 50%, and they should have relative speaking power on the price. If we say that oil and iron ore are all because China is the largest consumer country and resources are in the hands of others, they can only be in a weak position in international trade. Why, then, China has more than 70% of the world's rare earth reserves and its output accounts for eight in the world? 90% but there is no price right?
Experts pointed out that the prices of rare earth products in China, especially lanthanum oxide, cerium oxide, lanthanum oxide, and cerium oxide, have long been controlled by foreign merchants. Some powerful foreign traders and enterprises purchased large quantities of rare earth products from China at low prices. When prices rose, they stopped purchasing and using inventory, and would purchase them again when prices were reduced again. This forced domestic companies to compete for price cuts. Foreign buyers are large buyers, only a few, and we are more than 100 foreign sales. The vicious competition among exporting enterprises in China has enabled precious rare earth short-term products to be exported at a low price, such as smashing, smashing, smashing, smashing.
"China's rare earth industries need to take joint actions to establish a price alliance, establish a price linkage mechanism, implement consistent restrictions on production and price increase measures, uniform prices, and unanimously externalize the industry." Industry sources said that the relevant state departments should set up specialized agencies with plans. The ground reserves several products with large price fluctuations. The establishment of the rare earth monopoly bureau will monopolize rare earth elements that play a role of wind vanes in the rare earth market such as ytterbium, yttrium, lanthanum, neodymium, and ytterbium, and adopt measures to stabilize prices. It is entirely possible to break the control of foreign rare earth merchants on the market.
The responsible person of the rare earth industry association attending the meeting believed that the rare earth industry must unite and reorganize and quickly establish a rare earth group led by large state-owned enterprises, so that China's rare earth industry can form several inter-regional and inter-ownership systems as soon as possible, and collect industry, trade, industry and research. As a large group company, completely out of the woods.