Rare earth export volume and price decreased month on month in June

The analysis of customs statistics shows that in June 2022, China exported 4265.3 tons of rare earth, an increase of 6.3% year-on-year and a decrease of 12.3% month on month. The average monthly price fell 26.7% month on month to $18.2 / kg.

In addition, in the first six months of 2022, China exported 26235 tons of rare earth, a year-on-year increase of 10.1%, a slight decrease from the previous may; The export value was US $551.5 million, a year-on-year increase of 84.5%.