Rare Earth Prices Rise as China Waits for New Export Law https://www.asiatimesfinancial.com/rare-earth-prices-rise-as-markets-wait-for-new-export-law (ATF) The spot supply of light and heavy rare earths is tight in China, and institutions are concerned that a new round of peak prices is coming.
According to Ruidao Metal Network and Baotou Rare Earth Exchange on November 9, the overall rare earth market continued to rise last week, and prices of mainstream light and heavyrare earth products maintained steady increases.
Market inquiries continued to be active, spot stocks were tight, and downstream operating rates rose slightly. Some businesses have begun to be reluctant to sell again. The price of holmium oxide has risen in the latest listing price of the Heavy Rare Earth Group.