Taipei, Tuesday, October 21, 2014 21:53 (GMT+8)
partly cloudy
Taipei
27°C
Digitimes Research: LED fluorescent powder prices dropping amid waning reliance on China rare earths
Jessie Lin, DIGITIMES Research, Taipei [Monday 7 April 2014]

The China government has lowered its rare earths export quotas for 2014 by 30% compared to 2013 after the actual export volume last year was lower than its original estimates. Prices of cerium, yttrium and terbium oxide (rare earths used in LED production) dropped 38.1%, 0% and 41.3% on year, respectively, in March and even more compared to their peaks in 2012, indicating that the pricing pressure for LED-use fluorescent powders have already started to ease.

The US, the EU and Japan together filed an appeal to World Trade Organization (WTO) in 2012 claiming China's restrictions for rare earths exports violated WTO's regulations. WTO's ruled in favor of the complainants on March 26, 2014.

Despite the victory in the WTO ruling, the complainants have been seeking ways to reduce their reliance on China's rare earths, since China has tried to use rate earths as bargaining chips in its military and diplomatic negotiations with other countries.

Japan, which has been the biggest importer of China's rare earths, has been seeking alternative sources, such as imports from Australia. Japan has invested in India's rare earth production and has been looking for materials that can replace rare earths.

With China's dominance in the rare earths market starting to wane, rare earths prices have also been affected, Digitimes Research has observed.

Realtime news
  • TPCA Show 2014 to take place from October 22-24

    Before Going to Press | 1h 18min ago

  • Chunghwa Telecom participates in NCP submarine cable construction

    Before Going to Press | 1h 18min ago

  • Bitcoin mining ASIC supplier Alchip to debut on TSE

    Before Going to Press | 1h 27min ago

  • Taiwan Li-ion battery makers look to data center applications

    Before Going to Press | 1h 37min ago

  • Taiwan panel makers continuing to shift focus to China handset vendors

    Before Going to Press | 1h 41min ago

  • Panasonic expects strong growth in home, vehicle and B2B segments in China

    Before Going to Press | 1h 43min ago

  • Apple announces fiscal 4Q14 results

    Before Going to Press | 1h 43min ago

  • Ultra HD monitor development on the rise; touchscreen units declining

    Before Going to Press | 1h 45min ago

  • TV vendors aim to ship 34 million Ultra HD TVs in 2015

    Before Going to Press | 1h 46min ago

  • Samsung, TSMC Solid State Lighting reportedly to quit LED lighting business, say Taiwan makers

    Before Going to Press | 1h 47min ago

Pause
 | 
View more

Trends and forecasts for the China FPD industry, 2014-2017

CHINA FPD | Oct 6, 12:29

With China being the world's IT production center and a country with some of the strongest consumer demand, along with benefits on custom tax, funding, loans, and subsidies provided by the government, China's FPD industry continues to show strong growth. Local...

Taiwan servers and the global server market, 2014

RESEARCH EXTRAS | Oct 3, 12:19

Taiwan makers have successfully entered the supply chain of the Internet data center (IDC) industry and may contribute over 90% of the global server shipments in 2014. Combined revenues from related product lines such as motherboards, back-end assembly, storage...

Taiwan LCD monitors – 2Q 2014

TAIWAN FPD | Aug 25, 14:48

Taiwan's monitor shipments grew 10% in the second quarter compared to a low first-quarter base. With panel makers reducing their supply of monitor applications and monitor vendors reluctant to increase their shipments, Taiwan's makers will only see a single-digit...

China smartphone market and industry – 2Q 2014

CHINA SMARTPHONE | Aug 12, 17:41

A delay in the launch schedule for low-cost 4G smartphones resulted in a mere 4.8% increase in second quarter shipments in the China market. However, with telecom operators planning on increasing their subsidies in the second half of the year, demand will be...

Taiwan small- to mid-size LCD panels – 2Q 2014

TAIWAN FPD | Aug 6, 21:18

Taiwan makers' small- to medium-size panel shipments reached 351.4 million units in the second quarter of 2014, up 16.8% sequentially but down 2.8% on year.

DIGITIMES Marketing Services
Greater China touch panel shipment forecast through 2015
  • 2014 global high brightness LED market, trends and shipment forecast

    For the global LED lighting market, the market size will reach US$25.82 billion in 2014 or a market penetration rate of 23.4%. This is attributable to exponential shipment growth for light bulbs, tubes, and directional lamps.

  • Greater China touch panel shipment forecast through 2015

    This Special Report provides forecasts through 2015 for Greater China touch panel shipments with breakdowns based on technology (glass, film, resistive), application (smartphone, NB and tablet) and by firm.

  • 2014 global tablet demand forecast

    This report analyzes the main players, their strategies and shipments forecasts for 2014, as well as other factors contributing to either growth or decline in various segments within the tablet market, with a particular focus on Apple, Google, Samsung, and Microsoft, along with whitebox vendors.