“The light-throwing quota is a huge profit.†In the eyes of the rare earth industry, “there are export quotas that are equivalent to “money.â€â€ They do not even need production and sales. Since this year, the largest increase in thorium oxide has reached 242.9%. The price of other products has also increased exponentially, and the rare earth boom has transformed the "export quota". "One (rare earth export) quota has been sold to 400,000 to 500,000!" Wang Ming (a pseudonym) sitting in the office is anxiously waiting for the news. Because there are many overseas customers in his hands, he must get a rare earth quota as soon as possible to successfully complete this business. He told reporters that this price is often accompanied by a lot of intermediary benefits. Even so, there are many companies rushing to buy and they can't buy it. Driven by high interest, since last year, the resale of rare earth export quotas has begun to become increasingly rampant. According to an authoritative person in the rare earth industry, this has become an open secret in the rare earth industry. Among the numerous reseller quota companies, there are some large domestic companies. As we all know, rare earth is known as "industrial vitamin" and it is widely used in industries such as engineering and electronics. It is an important strategic mineral resource. China is the largest producer of rare earths. However, due to disorderly development and competition, rare earths have sold and sold a large number of cabbages in previous years. In order to protect the rational development of rare earth resources, the government has successively issued a series of related policies in recent years. The implementation of the export quota system is an important part of the policy. It is understood that in recent years, the Chinese government has gradually reduced the number of rare earth export quotas. On December 28 last year, the Ministry of Commerce announced a total of 14,508 tons of rare earth export quotas in the first half of this year, of which 22 approved Chinese rare earth export quotas will be limited to 10,762 tons, and nine rare earth exports from foreign and Sino-foreign joint ventures The quota was 3,746 tons, which dropped by 34% and 37% respectively. “The strong foreign demand has exacerbated domestic dependence on export quotas, coupled with loopholes in the distribution of quotas and supervision, which has provided ample space for reselling quotas,†the industry insider told reporters. This statement is true, in fact, the current demand for rare earths in the international market depends mainly on the supply of the Chinese market. According to statistics, in 2008, the output of rare earth mineral products in China was 125,000 tons, and the output of rare earth smelting and separation products was 135,000 tons. In 2008, China's rare earth consumption was only 70,000 tons, while the world's rare earth consumption was 130,000 tons, and about half were exported. According to Wang Ming's description of the reporter, in general, rare-earth processing companies with customers but with insufficient quotas will find companies with “no customers but excessive quotas†through some intermediary companies or individuals. According to the current market price, the quotation for a ton of quota should be between 400,000 and 500,000. After the two parties determine the price, the rare earth processing enterprise will report the price of the rare earth product and the price of the purchase quota to foreign buyers. . "If the foreign buyer accepts, the later procedure will be the same as the branded product." He told reporters that in order to smoothly use the quota, the above-mentioned rare earth processing enterprises need to use the name of the quota company to sign the contract and export, after the goods arrive, the quota company It will deduct the “Buying Quota†previously discussed and then remit the remaining product purchases to the rare earth processing company account. "There are usually some internal agreements between rare earth processing companies and big companies that sell quotas, but there are still risks. After all, they will find more familiar channels." The industry insiders told the reporter frankly. "It is undeniable that we have a lot of loopholes in the allocation and supervision of rare earth quotas." The industry insiders said bluntly. He said that at present, rare earth quotas are like “coal approvals in previous yearsâ€. Under the circumstance that the demand is hot, not only does the rare earth price become astronomical, but it artificially pushes up the quota price. Since the relevant government departments did not really examine the actual business operations of the enterprises, which led to the unreasonable allocation of quotas, some trading companies hold many quotas in their hands. They can earn profits by direct reselling without any purchase and trade activities. “This is very unfavorable for the development of the industry.†Heng Kun, chief analyst of Essence Securities, said that the spread of rare earth products at home and abroad has reached 500,000/ton to 600,000/ton, and the quota resale will continue to push domestic and foreign rare earths to some extent. The price difference will accelerate the exploitation of rare earths in China, and on the other hand, profits can be easily captured by reselling quotas. Such a huge temptation will form a malformed industrial chain, because it involves rights to rent, it will breed more corruption, etc. Vicious events. Heng Kun suggested that, on the one hand, the state should strengthen the supervision of the application for quotas and the application for quotas for existing quota companies, and prohibit the occurrence of vicious incidents of reselling quotas and propose corresponding penalties. On the other hand, it is necessary to establish industry access conditions and establish barriers for environmental protection, business management, and scale. Rare earth production and processing companies that meet the requirements can apply for quotas. At the same time, quotas should be more inclined to meet production enterprises. 1. Durable: Plastic A Boards are made of high-quality plastic material that is durable and long-lasting, making them ideal for outdoor use. 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