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 China Rare Earth prices fell in Japan
9/28/2007 2:55:34 AM

Because of the Japanese information technology industry slowdown in the pace of development, recently, Japan imported from China titanium, and rare earth Di prices keep falling. At present, Japan's imports from China Neodymium average price of 15 dollars per kg in around the end of last year fell by 20%. Di prices in the 50 to 70 US dollars around the end of last year fell by 40%. Mobile phones nickel-hydrogen batteries are used in rare earth alloy prices about 7 US dollars per kg, has not changed much, but demand tends to saturation, are also in a down trend. China's rare earth output accounted for about 70% of the world, while Japan's consumption accounted for almost half of the world. Neodymium, mainly for the production of rare-earth magnets computer and mobile phone parts and components such as ceramic capacitors.
 
Last year, because of Japan's IT industry development momentum, imported from China Rare Earth substantially increased, prices rose following. However, last fall, Japan has rapidly cooling the information technology industry, the demand for magnet manufacturers than the same period last year decreased by 25%. The first quarter of this year, Japan imported from China Rare Earth volume for 5757t, the fourth quarter of the previous year by 21%. Because of declining demand, the price of RE market remained in a recession.

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