Abstract:
The paper reviewed the rare earth market situation in 2009 to 2015, the results show that the rare earth prices ascended in 2009 to early of 2011, risen and dropped suddenly and sharply in first quarter of 2011 to third quarter of 2012, then declined and maintained low in third quarter of 2012 to end of 2015. Rare earth prices fluctuated most is in the third quarter of 2010 to the first quarter of 2013, the price trended inverted “V” type, in the third quarter of 2011, most of prices were 10 to 15 times higher than 2009. The later of 2011, the rare earth prices continued to fall, lead to negatively correlated between export volume and price, such as oxide lanthanum, export increased by 244.57 % but export price declined by 80.01 % from 2011 to 2014. The utilization rate of export quotas was low in 2011 to 2014, for instance, utilization rate was only 48.33 % in 2012. Analysis shown that China's rare earth market continued weak lay in the lack of pricing power and the ability to controlling market. According to rare earth market situation and the existing problems, the paper proposed four suggestions for national macroeconomic regulation including as followed: unveiling fresh policy about resource and environmental tax as soon as possible; speeding up the big company control resources; urging the big company to solve the present problems; and formulating and implementing the reserve policy as early as possible.