China Rare Earth Price – August 30, 2021
- Category: tungsten‘s News
- Published on Monday, 30 August 2021 18:55
China rare earth price was tepid in the week began on Monday, August 30, 2021. Under the circumstance that the demand of downstream magnetic materials companies has not increased, suppliers have relatively insufficient confidence in price stabilization, and the prices of most products have fallen slightly. Supported by the active market sentiment, industry players still have greater expectations for the market outlook.
In terms of news: From January to July, the mining industry achieved a total profit of 481.11 billion yuan, an increase of 1.45 times; the manufacturing industry achieved a total profit of 4137.47 billion yuan, an increase of 56.4%; the electricity, heat, gas and water production and supply industries achieved a total profit of 3053.7 Billion yuan, an increase of 5.4%.
Prices of rare earth products on August 30, 2021
Picture of cerium oxide
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