Starting in late June, prices continue to rise, with big rebound, in two years later, at last, the downturn, the partial products or more, close to 80%. The personage inside course of study thinks, the commodity this wave of rising prices, the main benefit policy expectations.
Analysts believe that with the steady growth of national policy in succession, the second half of the commodity market supply and demand may be improved.
On July 30, deployment of the political bureau of the CPC central committee meeting in the second half of the economic work, put forward the "steady growth, structural adjustment, promote the reform of" the policy of the tone. The news that the various ministries is stepping up efforts to formulate policies that promote consumption; Moreover the railway investment and urban infrastructure construction is expected to accelerate.
Business club yesterday released the latest statistics show that in July 2013, non-ferrous industry commodity of 9.59%. Specific view, non-ferrous plate rose by a total of 16 kinds of goods, which increase more than 5% of the total of 10 kinds of goods, 33.3% of the plate is monitoring the number of goods; Gains in the first three of the items of dysprosium ferroalloy respectively (79.31%), dysprosium oxide (78.57%), praseodymium neodymium oxide (25.93%).
Lanthanum, cerium, praseodymium neodymium is the most common varieties of rare earths. Thus, the increase in the price of neodymium praseodymium oxide 26% represents a rare earth sector level.
Rare earths are mainly behind the price policy. In late June, producing ganzhou rare earth started a campaign against illegal mining, rare earth traders the opportunity to stock up to push up the market. The news that the campaign against illegal mining rare earths will be opened all over the country. Haitong securities analyst, said after the Spring Festival this year, ganzhou, guangdong region has crackdown against trafficking, financial penalties compared to the past, most of current criminal level. When the industrial chain upstream link profits after the handover, the private mining impulse is also reduced.
In addition, rare earth demand was improved over the same period last year has also pushed up prices. Compared to thirty percent in the second half of last year starts, downstream enterprise most starts to return to seventy percent at present, the main reason is that car, air conditioning and electronics etc., in the next few months downstream demand is relatively stable as a whole.
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