Reuters: China June Rare Earth Exports Rise, Snapping Two Months of Declines

Jul. 15, 2019

Exports up 9% in June versus month prior, easing supply concerns amidst the ongoing U.S. – China trade war

Late last week Adamas Intelligence spoke with Reuters about the latest China rare earth export figures in the context of the ongoing U.S. – China trade war.

As revealed by Reuters, China exported 3,966 tonnes of rare earth oxides (and oxide equivalents) in June 2019, up from 3,640 tonnes in May, but down sharply 27% from 5,455 tonnes in June 2018.

Over the first half of this year, China exported 23,232 tonnes of rare earth oxides (and oxide equivalents), down 11% year-over-year.

Among the points emphasized by Adamas:

  • The lack of a pronounced increase in H1 (exports) tells us the U.S. called China’s bluff and held firm on its belief that supplies will keep coming.
  • It also indicates that global buyers are confident prices will not spike outside their comfort zones otherwise we would have expected to see them stocking up as the recent price rally kicked off in March

More Info: Rare Earth Production, Trade and Prices

Adamas Intelligence’s Rare Earth Recap is the industry’s go-to guide for assessing global rare earth production, trade and prices.

The report is an essential reference for producers, end-users, investors and other stakeholders with a professional interest in the rare earth industry. License the report for your organization today.


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