Rare Earth Market Update2024 #14 Weak Domestic Demand in China and Worsening Sentiment from Myanmar Landslide
07/19/2024 18:38
The rare earth market experienced a slight decline from early to mean-July 2024. The weak economic growth announcement from China heightened awareness of weak domestic demand, leading to persistent concerns about insufficient demand in the rare earth market. The fatal accident at a rare earth mine in Myanmar in June also dampened market sentiment, making it difficult to find positive news.
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