NTU 0.00% 2.0¢ northern minerals limited

Evidence that Dy price is being manipulated to the upside....

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    Evidence that Dy price is being manipulated to the upside. Basically the price rise is being attributed to a very small quantity of Dy being sold at high price by speculators, not from real demand.
    Will be interesting to see how Dy prices fair over the coming months.

    Translated article:
    Currently on the market, the price of dysprosium oxide in 145-150 million / ton, and in a week before the actual transaction price is only 132-134 million yuan. According to industry sources, although the current offer is very high, the transaction information is relatively small. Most of the industry believes that the use of the existing dysprosium, dysprosium prices in a few days offer rushed to this height, it should be no money in the operation of the inside. "We have heard that some people come up with a few billion of money in speculation dysprosium." A domestic rare earth industry said.
    The industry believes that both the role of money or the rise in demand to promote the price of dysprosium oxide has now stood to a new height, and the next few days the price of dysprosium should not have much of the increase.

    http://www.repe.com.cn/index.php?op...=1128:2017-08-10-08-11-28&catid=22&Itemid=119
 
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