In 2016, the export of rare earths in Changshu, Jiangsu continued to shrink in volume and fall in price

In 2016, the export of rare earths in Changshu, Jiangsu continued to shrink in volume and price

Source: www.chinanews.com, Continue to show the trend of shrinking in volume and falling in price. In 2016, the export of rare earths from Changshu, Jiangsu Province, ranked by export weight, was mainly exported to Japan, Hong Kong, China, India, France, the United States, Mexico, Russia and the Netherlands, among which the export volume to Japan, the United States and the Netherlands decreased significantly by 20.4%, 83.9% and 70.4% year on year respectively, while the export volume to Hong Kong, China, India, Mexico and Russia increased by 119 times, 103.4%, 112.5% and 52.6% year on year respectively, Overall, it is still declining. In 2016, the main varieties of rare earth exported from Changshu, Jiangsu Province were yttrium oxide, cerium oxide, praseodymium oxide, neodymium oxide, erbium oxide, dysprosium oxide, lanthanum oxide and gadolinium oxide. The exports of cerium oxide, praseodymium oxide, erbium oxide and lanthanum oxide decreased by 45.4%, 13.6%, 43.2% and 96.1% year on year respectively, while the exports of yttrium oxide, neodymium oxide, dysprosium oxide and gadolinium oxide increased by 16.7%, 52.5%, 40% and 16.9% year on year respectively, The overall export volume dropped by nearly 20%. In terms of price, the unit prices of most products continued to decline significantly, and the average unit prices of major products declined from 9% to 35.4%. The trend of price decline has not been curbed. (Yuan Jianliang)