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Launch of environmental protection inspection, Ganzhou high-quality development forum, what is the trend of rare earth?

Aug.06 2019      Source:ruidow

Keywords:REE

This week, the major events of concern to rare earth industry have come in succession. Although the spot price of rare earth is slightly stable at present, the follow-up price trend is still attractive.

Event 1: 2019 China (Ganzhou) Rare Earth Industry High-quality Development Forum opened today

Event 2: The second round of first-batch central ecological environmental protection inspection will be fully launched recently

 With continuous progress of environmental protection work, the impact of environmental protection inspection on market price is becoming smaller and smaller. The inspection gradually tends to deter the unqualified small workshops and black industry chains to restrain and shrink illegal production. Green development is a criterion that shall not be abandoned. From environmental protection inspection to looking back at environmental protection, the whole market is gradually moving towards standardization.

 In addition, whether the high-quality development forum of rare earth industry in Jiangxi opened recently, or the innovation center of Hebei rare earth functional materials manufacturing industry settled in Xiongan New Area, firmly grasping the initiative and speaking right of resources, and developing high-end applications have always been the main direction of China's development of rare earth resources in the future. As important strategic resource, the policy for rare earth also plays a guiding role in the spot market price. Some enterprises in the industry are still hold wait-and-see attitude and waiting for the follow-up trend, but at the same time, the overall trend of price also requires the common acceptance, absorption and digestion of the upstream and downstream industries.

 Near the publication time of rare earth listing price in north China, industry insiders generally pay close attention to the attitudes of major enterprises and market policy orientation.

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