China's Global Times report on fall in rare earth shipments

Author: Eamonn Sheridan | Category: News

China's Global Times press on an item in the trade balance data.

  • China exported 3,640 tons of rare earths in May
  • down 16% compared with April
GT dropping the hint/threat as to what this might be all about: 
  • The export fall arrives as China is considering controlling rare-earth exports to preserve resource advantages.
I was wondering if maybe there was some seasonality involved but given they are citing a y/y reduction maybe not? Rare earths have become 9once again) a bargaining chip in the trade dispute. 

ForexLive
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose