China’s First Rare Earth Product Exchange Will Help Stabilize Market

China Daily reported that China’s first rare-earth products exchange is expected to launch in October, and officials are hopeful that it will assist in regulating the market further.

As quoted in the market report:

The exchange will bring the different production regions closer, raise the transparency of trading prices, adjust long-term supply and demand and stabilize the market,” he added. “The trading platform can also provide important information for the government when it makes policy.

To view the whole China Daily report, click here.