The two major rare earth giants join forces to raise prices for seven consecutive quarters! The rare earth ETF Huatai-PB helps seize the price upward channel

Against the backdrop of tight supply and demand in the rare earth industry, the two giants have raised rare earth concentrate prices for seven consecutive quarters, with a quarter-on-quarter increase of 44.61% in the second quarter. The rare earth ETF Huatai-PB (516780) has seen an increase in funds, reaching a scale of 3.006 billion yuan. Supply tightening and demand expansion are the main driving factors for the price increase. China holds a dominant position in the rare earth industry chain, and the Ministry of Commerce has implemented export controls, further consolidating the industry's advantages. The demand for rare earths in high-end manufacturing continues to rise, and technological innovation is also driving industrial upgrades