“Some of the increase was offset by decrease in exports petroleum products, iron ore, and leather and leather manufactures over 2019-20,” the commerce and industry ministry said.
China's rare earth exports came in at 3,955 mt in July, down 1.4% on the month, but up 144.2% on the year. The average export price of rare earth stood at $16,460/mt in July, up 23% on the month and 5% on the year.