In 2013 90000 tons of rare earth consumption forecast
Since 2006, the Chinese quotas on rare earth exports, at that time, the market for macroeconomic stability in economic decline, weakening demand, the steady appreciation after two years, and fall back to the original price level.
To boost the economy, from central to local economic stimulus plan. Move boosted economic demand, prices climbed steadily again by 2010. Under the work of speculative capital, however, prices in July 2011 was to the highest level in recent years. In the words of zhou central China minmetals import and export group, have the ability to do all rare earths in rare earth.
Later because the price is too high, the overall weakness in the global economy, demand is still weak, prices in just one year composite index tumbled from 15 to 5 ~ 6 interval level, then continue downward.
Rare-earth analysts pointed out that Chen jia, this year China will continue to implement total rare earth minerals mining plan mandatory plans in smelting and separation products, and is expected to total 2012 was flat, rare earth prices will fall. It would promote the downstream consumption, is expected in 2013 China's rare earth consumption will reach 90000 tons, up 7% month-on-month; Global consumption of 130000 tons.
In 2012, China's rare earth minerals mining plans for a total of 93800 tons consumption of 84000 tons.