Monday, July 28, 2014

Newssummary: Export Price of Rare Earth Down 37.2% in 1H in Inner Mongolia

SHANGHAI, Jul. 28 (SMM) – Average export price of rare earth products was 49,000 yuan per tonne during 1H 2014 in Inner Mongolia due to weak demand overseas, down 37.2% on a yearly basis, xinhuanet.com reported today.

Inner Mongolia exported 1,951.4 tonnes of rare earth during the first six months of the year, up 0.5% from a year earlier, while export value was 95.71 million yuan, down 37.1%, it added.

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