Stock index fell slightly amid rare earth permanent magnet plate led the downside in the Shenzhen stock market and Shanghai Stock Exchange. There have signs of selling at low price in the rare earth market.
Beginning in mid September, the rare earth market ended the differentiation situation, products price declined one after another led by praseodymium neodymium products. Insiders think that policy factor no longer have effect on the market. Under the weak demand, short-term rare earth price will continue to remain weak.
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