CSmag magnet price increase because the price of rare earth raise highly

CSmag magnet price increase because the price of rare earth raise highly and quickly, and our quotation only valid for 3 days in this special period.

Chinese rare earth suppliers raise prices sharply in the market, and investment on the rare earth are crazy.

Domestic rare earth prices continue to rise.

Dysprosium oxide is up 65.7 per cent this year as prices remain high and firm and businesses wait for state policies to drive the market.

On June 14, the ministry of industry and information technology completed the formulation of mandatory national standards on packaging, marking, transportation and storage of rare earth products and began to solicit opinions, indicating that relevant industrial policies are being promoted in a series.

Prices of light rare earths such as praseodymium-neodymium oxide are unlikely to fall given higher ore prices, and as upbeat sales of new energy vehicles and wind turbines keep robust demand for magnets.

Therefore, we can not take a big risk to purchase the rare earth to produce CSmag magnet recently, please understand us. Some producers in southwest China resume production concerning the rare earths.