Financials, Technology Dec 07, 2021 08:59 AM (GMT+8) · EqualOcean
Financial Associated Press, Dec. 7 - CICC pointed out that the current tight supply and demand of rare earths is expected to continue for 3-5 years. Taking into account the favorable policies of downstream industries and good demand expectations, orders will continue to support rare earth prices. In the medium and long term, benefiting from the continuous tight balance between supply and demand of rare earth, the price remains high and stable, while the downstream magnetic material companies benefit from the accelerated demand in the field of new energy and the strong momentum of revaluation.