PRLog (Press Release) – Feb 10, 2012 –
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. 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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Source Article from http://www.prlog.org/11795589-price-trend-of-rare-earth-market-in-2011.html
