Since the earthquake in Japan, the demand for PET bottles has greatly increased, which has driven the demand of the hafnium dioxide market. Domestic niobium manufacturers are full of confidence in the market. A representative PET manufacturer in Japan recently stated: “The domestic PET bottle production has not been greatly damaged in the epicenter, but the industry’s summer power restriction measures in the summer may affect the normal production of PET bottles. At that time, the market will be in short supply. The situation."

Currently, the domestic and export market prices of cerium dioxide are located at RMB 8200-8500/kg and USD 1300/kg respectively, which is an increase of 300-500 RMB/kg and 45-75 USD/kg compared with previous prices.
The 40-tonne niobium manufacturer in the eastern part of the country said: “Since the domestic demand for niobium dioxide increased after the earthquake in Japan, the price was heavily supported. I heard that the highest price in the niobium dioxide market has reached 8,500 yuan. / kg. On the other hand, the good development of the niobium oxide market will inevitably drive the price of antimony ingots to continue to rise."
A factory with a reserve of 47 tons in southwest China said: “We received a 300kg order from a Japanese hafnium dioxide buyer a few days ago, but we are mainly implementing the long list and there is no excess stock available for off-the-shelf stocks.”
The paralysis of several major nuclear power plants in Japan has led to severe domestic power supply shortages, which have affected the normal operation of some domestic manufacturing industries. Tokyo Electric Power Company reminded that with the advent of summer, the use of some household appliances such as air-conditioning refrigerators will further tighten the power supply crisis.
In Japan’s nuclear leak panic, Tokyo’s rush to buy bottled drinking water and other beverages in the past few months has driven demand for raw materials for ceria.

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