Via Metal Miner The bears continued to make their way into the Rare Earths MMI (Monthly Metals Index), with yet another drop in price action, this time by 6.93%. Many factors pulled at rare earths prices overall, including oversupply, weak demand for metals within China and shifting dynamics in global rare earths supplies. It seems China’s over-production of rare earths continues to contribute to a massive supply glut, leading to cheaper prices and bearish sentiment. See why technical analysis is a superior forecasting methodology over fundamental…
