Unified pricing to buoy rare earth prices
BEIJING - The central government is planning a unified pricing mechanism for rare earth minerals in five provinces and regions, a move considered to prevent the valuable resource from being undervalued, industry sources said. The plan, expected to be implemented as early as this month, covers Jiangxi, Fujian, Guangdong and Hunan provinces, as well as the Guangxi Zhuang autonomous region, which are rich in the resource. Rare earth minerals are made up of 17 elements including terbium, thulium and yttrium. They are widely used in areas from wind turbines and hybrid cars to mobile phones and missiles. China is considered to be the world's largest supplier of the resource. In the latest move, reportedly backed by a top government agency, a unitary price based on negotiation will be published once a month to protect the natural resources from being depleted and to avoid cut-throat competition among the five affected areas, sources said. The plan will still require support from local governments. "In the long run, steps will be taken to heighten the influence of domestic miners on the price of the minerals in the global market," a source said. "The pricing mechanism, if put into practice, will effectively buoy rare earths' undervalued prices and give Chinese producers more say on the global market," said Peng Bo, an analyst at Guosen Securities. The Ministry of Land and Resources refused to comment on the latest development. The Ministry of Industry and Information Technology and the National Development and Reform Commission, the top economic planning agency, could not be immediately reached for comment. The latest move is also considered significant as the rampant, illegal mining of rare earth minerals in the southern parts of China has led to market chaos from distribution to pricing and caused heavy environmental pollution. All the products are listed as following: Footwear: NikeAF1,Airmax,Shox,Adidas,Timberland,Puma,Gucci,Prada,LV,Chanel,Lacoste,Lebron,Kobe,Rift, Dunk SB, Nike Women Shoes, Nike Children Shoes, Hogan, Obama, Coogi, Bape Star, Adicolor, Ice Cream,Jordan1--Jordan24,Clear Jordan, Jordan Fusion, AJF, Jordan Flight 45,UGG Boots, Etc. Other Products: 1. Bags/Purses : Coach, Chanel, LV, DG, Burberry, Dior, Ed Hardy, Christian, Audigier(CA), Fendi, Guess, Gucci, Prada, Miumiu, Versace,Juicy, Chole, Tous, Cadillac, a,Etc. 2. Caps Hats: ED Hardy, Smet, Coogi, New Era, SF, Bape, AFF, CA, Ke, Etc. 3. T-Shirts: ED Hardy, Affliction, Christian, Audigier(CA), A&F, Lacoste, Armani, Coogi, D&G, G-Star, Evisu, Ad, Polo, Versace, Bape, Rockwear, Sinful, Smet, Gucci, Etc. 4. Hoody/Jacket/Coat: Affliction, A&F, Blac Label, Bape, BBC, Christian Audigier(CA), Coogi, Crystal Rock,CLH,10Deep,D&G,EDHardy,Ecko,Evisu,GGG,Gucci,G-Star,Juicy ,Kidrobot, Kappa, Lacoste, LRG,NY, Polo, Sinful, True Religion, Versace,Adicolor, Armani, Burberry, LV,NF, Prada, Spider, Etc. 5. Jeans&Pants: A&F, True Religion, LRG, Rock, Coogi, D&G,ED Hardy, Christan Audigier, Red Monkey, Affliction, Artful Dodger, Armani, G-Star, Seven, Dsquared, Ect. 6. Hair Straightener/Hair Iron: CHI,GHD,MK4,MK5,Black,Purple,Pink,Kiss,Pure White, Etc. 7. Sunglasses: Armani,Coach,Dior,EDHardy,Versace,LV,Rp,Fendi,Burberry,Cartier,Chanel,Dg,Gucci,Prada,Etc. About Author We are very professional supplier of selling Nike shoes such as Nike or more AirShox,AirMax,Air Jordan,Air Force 1 and so on, We offer grade A quality product only. Our products are authentic quality with original box.And all products displayed on our website are available and have stocks here. We offer very special prices to our customer (price depends on your quantity).Very fast and safety delivery by TNT, DHL OR EMS, we can delivery within 24 hours upon receiving your payment. It is very safe door to door service, never get problems with customs. If you have any questions, please feel free to contact us. We accept small orders! Thank you very much ! fail information, please kindly visit our website: www.footwearfile.com www.yannikeshoes.com www.pickfashion.com Disclaimer: Article submitters are solely responsible for the content of their articles. ArtiLib can't be held liable for the contents of the articles. Report Abuse | Browse By Category |
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