Tianjin Export of Rare Earth: Increased YOY in Jan-April 2019
[2019-05-22]
According to China Customs statistics, in the first four months, Tianjin Port exported 6,678 tons of rare earth, an increase of 3.3% over the same period last year (YOY), valued at 290 million yuan, up 21.6%, and average export price at 43,000 yuan per ton, up 17.8%.
In April alone, the export volume was 1,816 tons, an increase of 4.5% year-on-year and a drop of 0.9% from the previous month (month-on-month), with average export price at 52,000 yuan per ton, up 27.7% year-on-year and up 62.2% month-on-month.
In Jan-April, Tianjin exported 3,189 tons of rare earth to Japan, an increase of 13.6% YOY, and exported 2,067 tons to the United States, an increase of 36.9%. Together, the two markets accounted for 78.7% of the total export.
In China, rare earth industry regulation, with mining volume limited, is driving up the market price of rare earth.
In April alone, the export volume was 1,816 tons, an increase of 4.5% year-on-year and a drop of 0.9% from the previous month (month-on-month), with average export price at 52,000 yuan per ton, up 27.7% year-on-year and up 62.2% month-on-month.
In Jan-April, Tianjin exported 3,189 tons of rare earth to Japan, an increase of 13.6% YOY, and exported 2,067 tons to the United States, an increase of 36.9%. Together, the two markets accounted for 78.7% of the total export.
In China, rare earth industry regulation, with mining volume limited, is driving up the market price of rare earth.
Source: ETCN
Keywords:Tianjin ExportRare Earth
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