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China Claims Rare Earth Pricing Gap Caused By Quality Variations
Jun. 20, 2012 08:49AM PST
Rare Earth InvestingReuters reported that China said product quality variations are responsible for a gap in pricing between export and domestic rare earths.
Reuters reported that China said product quality variations are responsible for a gap in pricing between export and domestic rare earths.
As quoted in the market news:
Su Bo, a senior official at China’s Ministry of Industry and Information Technology, said that higher quality demands by foreign firms and customs costs – not a decree from Beijing – partly explained the steeper prices paid by foreign companies.