On Aug. 13, China’s domestic rare earth market declined in part

On August 13, the rare earth index was 371 points, down 2 points from yesterday, down 62.90% from the cyclical peak of 1000 points (2011-12-06), and up 36.90% from the lowest point of 271 on September 13, 2015. (Note: Period refers to 2011-12-01 to date).

The average price of Neodymium in rare earth metals is 387,500 yuan per ton, dysprosium metal is 2.3 million yuan per ton, and the average price of praseodymium metal is down 5,000 yuan per ton to 695,000 yuan per ton. The average price of praseodymium and neodymium oxide in rare earth oxides is 307,500 yuan per ton; dysprosium oxide is 1.95 million yuan per ton; the average price of praseodymium oxide is 7,500 yuan per ton to 3.825 million yuan per ton; and the average price of neodymium oxide is 3.095 million yuan per ton. The price of praseodymium and neodymium alloys in rare earth alloys is 387,500 yuan per ton, and the average price of dysprosium and iron alloys is 1.94 million yuan per ton.

Recently, the prices of some products in the rare earth market have fallen, the domestic rare earth market is in general, and the prices of some commodities in the rare earth market are temporarily stable. However, in the near future, the prices of some products in the rare earth market have been slightly lower, dysprosium metals have been warming up, praseodymium and neodymium series products have recently fallen back, the supply in the market is normal, and the prices of light rare earths have slightly fallen in the near future. Slippery. The price fluctuation of rare earth market is related to environmental protection supervision in the whole country. Rare earth production has its particularity, especially the radiation hazard of some products, which makes environmental protection supervision stricter. Under stringent environmental protection inspection, rare earth separation enterprises in many provinces have stopped production, resulting in a general market input of rare earth oxides, especially some mainstream rare earth oxides, with normal supply and stable price trend in the rare earth market. Recently, large enterprise groups in the field are reluctant to sell. The market of rare earth oxides is general, but for products. Pricing major manufacturers are also cautious.

Recently, the State Environmental Protection Department has made no reduction in its stringent efforts, which has a greater impact on the rare earth industry. The rare earth industry has a low start-up and a cold market. At the recent press conference on macroeconomic operation held by the Development and Reform Commission, Meng Wei, spokesman of the National Development and Reform Commission (NDRC), answering reporters’questions on rare earth, said that on the basis of in-depth investigation and scientific demonstration, relevant policies and measures would be put forward to give full play to the special value of rare earth as a strategic resource. Due to the increasingly obvious regulatory effect, the supply of raw ore resources in the upstream of the rare earth industry has shrunk, the demand in the downstream is normal, and the trading market of the rare earth industry has not changed much.

Rare earth analysts of business associations expect that the domestic environmental protection will not be reduced in the near future, coupled with the domestic reorganization of the order of the rare earth industry, Myanmar’s export restrictions and normal supply, but the recent rare earth market trading situation is general, and the price of the rare earth market is expected to remain mainly volatile.