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According to the statistics of Hohhot Customs, from January to May this year, the rare earth export volume of Inner Mongolia Autonomous Region accounted for 20.7% of China's total rare earth exports during the same period, reaching 2207.5 tons, an increase of 26.7% over the same period of last year.
The data shows that the value of rare earth exports from Inner Mongolia in the first five months of this year was 72.42 million yuan, down 16.3% year-on-year, accounting for 8.9% of China's total rare earth exports during the same period; the average export price was 33,000 yuan per ton, down 32.7% from the same period of last year. . In May alone, Inner Mongolia exported 621.6 tons of rare earths, up 44.2% year-on-year and 7.9% quarter-on-quarter. The average export price was 29,000 yuan per ton, down 27.5% year-on-year and down 12.1% month-on-month.
In addition, the Luzhou Rare Earth Industry Association recently announced the guidance price of ion-type rare earth ore in mid-June, which was significantly higher than the guidance price announced in May. Among them, Zhongyu Fuyu Mine has the largest increase, from 170,000 yuan/ton to 19 Ten thousand yuan / ton, an increase of 12%. The relevant person in charge of the association said that the price increase of ionic rare earth ore was mainly affected by the resource tax reform. The resource tax for rare earth, tungsten and molybdenum was changed to ad valorem from May, and the tax rate for medium and heavy rare earth resources was 27%. For the quantitative calculation, the medium and heavy rare earth resource tax is 30 yuan / ton, lower than the current tax rate.
Some analysts said that despite the continuous increase in mineral prices, due to the market downturn, coupled with the industry into the traditional off-season, rare earth prices are still difficult to pick up in the near future. 
Exports of rare earth and its products increased by 5.7% year-on-year in May.
Abstract According to the latest statistics released by the General Administration of Customs, in May this year, China's exports of rare earths and their products increased by 5.7% year-on-year to 5,453 tons, and the cumulative export volume from January to May reached 23,870 tons. Among them, the rare earth export volume in May increased by 9.5% year-on-year to 2,618 tons...
According to the latest statistics released by the General Administration of Customs, in May this year, China's exports of rare earths and their products increased by 5.7% year-on-year to 5,453 tons, and the cumulative export volume from January to May reached 23,870 tons. Among them, the export volume of rare earth in May increased by 9.5% to 2,618 tons, and the cumulative export volume from January to May was 10,661 tons.