CICC Insight: Positive Signals Anticipated for Rare Earth Exports, Domestic Price Hikes Narrowing Price Gap with Global Markets
5 day ago / Read about 0 minute
Author:小编   

According to CICC analysis, following China's implementation of rare earth export controls in April, exports of rare earth permanent magnets plunged by over 50% month-on-month, marking a new five-year low. Recently, the Ministry of Commerce announced its intention to approve compliant rare earth export license applications, fueling market expectations of a gradual easing of export restrictions. In response, rare earth material prices have surged. Drawing parallels to the price trends observed in metals like germanium, gallium, and antimony following similar export controls, the anticipated relaxation of rare earth export regulations is expected to further propel price increases. Consequently, the rare earth sector may witness a dual surge in both valuation and profitability.