and MORE on the way, China needs NTU low grade con like it needs...

and MORE on the way, China needs NTU low grade con like it needs a hole in the head:

"Inventory, according to Li Bin estimated that since 2014, the inventory of rare earth society, assuming that the first three years of supply of 105,000 tons per year + 100,000 tons of illegal ore South, according to the quota of 105,000 tons in 2017, the 2018 will appear neodymium oxide Inventory basic digestion is completed, and dysprosium oxide, terbium oxide takes 4-5 years; In addition due to the application of rare earth varieties market imbalance, lanthanum cerium yttrium and other varieties of backlog of serious. "Storage and storage for the social stock removal to form a balance between supply and demand is essential. Currently the market is expected to resume implementation before the Spring Festival Shuguang, we expect the heavy varieties based .On the strict implementation of rare earth black, the storage volume will determine Rare earth prices rebound or reverse. "

Lol, little wonder GB's finally woken to LRE, China's got 4/5yrs HRE inventory in storage, worth more likely EOM.

This thing will be a turkey shoot shortly, and you have to wonder how much price maintenance going down to hold DyO values $170kg, probably should be closer to the $90kg 2009.

http://www.ndfeb1688.com/news/show-27592.html