Rare Earth Prices Set to Keep on the Boil After Sharp Rally (Reuters)
Prices Set to Keep Sizzling
Adamas Intelligence managing director, Ryan Castilloux, recently spoke with Reuters about the current state of rare earth prices in China and the outlook for the months ahead.
Among the key points emphasized:
- The supply-demand situation in China is as tight as it has ever been with respect to so-called magnet rare earths (neodymium, praseodymium, didymium, dysprosium and terbium).
- The industry continues to operate hand to mouth as demand gets stronger month after month increasing the likelihood of another price rally in the event of any supply disruptions.
- With a coup ongoing in Myanmar, the leading supplier of heavy rare earth feedstocks into China, the nation remains fragile, both politically and on the health dimension, and that should be a concern for the magnet industry.
For more information, please refer to the story from Reuters.
More Information: Rare Earth Magnet Market Outlook to 2030
In this report, we provide a detailed overview of the global NdFeB alloy, powder, magnet and magnet rare earth markets, including a historical breakdown of production, consumption, prices and inventory levels from 2015 through 2019. Next, we unravel the anticipated near-term impact of the COVID-19 pandemic on world markets and forecast global supply, demand and prices from 2020 through 2030.
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