2012-02-10 11:08:24 -
From the changing trend of the rare earth market in late 2011, a 2012 rare-earth prices are still in lower volatility, but with limited down space.
Tungsten experienced rapid increases in the first half year and accelerated declined in the second half year in 2011. Until early 2012, the overall market still keeps weak. The price fluctuation of rare earth and tungsten concentrate in 2011 are caused by various factors.
Tungsten and rare earth market will gradually return to the fundamentals of supply and demand balance in the withdrawal of the hot money, price trend will become more rational. Rare earth as the country's strategic reserves of resources should be subject to the policies to protect and support, and its reasonable price increases was also the embodiment of the original value of the regression, but the lack of supervision on the market, resulting in rare-earth over-exploitation, and
even indiscriminate, and crazy hot money speculation, rare earth market will be difficult to healthy develop.
Presently, strengthen the efforts to rectify the rare earth market, a reasonable specification of rare earth mining and placing order to maintain market stability, are still the focus of promoting rare earth industry development.
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