China’s Monthly Rare Earth Exports Increased 18% in December 2018
Export volume up 18% over previous month
China exported 5,421 tonnes of rare earth oxides (and oxide equivalents) in December 2018 marking a 17.6% increase over the previous month, and a 74.9% increase over the month before that, according to statistics from China Customs.
Value of rare earth exports down slightly from month prior
By value, China exported US $44.6 million worth of rare earth oxides (and oxide equivalents) in December 2018 – slightly less than the US $44.9 million exported the month prior – despite the notable increase in December export volume.
Lanthanum and cerium re-stocking drives average export price 16% lower
Overall, China’s rare earth exports fetched an average price of just US $8.23 per kilogram in December 2018, marking a 15.5% decrease versus the previous month due to an uptick in exports of lower-value cerium and lanthanum products.Back to overview