This week, the domestic rare earth market price trend tends to be stable as a whole, heavy rare earth prices maintain a high volatility trend, and some products in the light rare earth market slightly callback. According to the rare earth plate index of the business society, the rare earth index on July 24 was 345 points, which was the same as yesterday, 65.50% lower than the highest point of 1000 points (2011-12-06), and 27.31% higher than the lowest point 271 on September 13, 2015. (Note: period refers to 2011-12-01 to now).
| Melamine |
As of the end of the weekend, the price of praseodymium and neodymium oxide in China was 294000 yuan / ton, down 0.34% from 295000 yuan / ton at the beginning of the week; the price of praseodymium and neodymium alloy was 371500 yuan / ton, down 0.13% from 372000 yuan / ton at the beginning of the week; the price of neodymium oxide was 311000 yuan / ton, which was flat this week; the price of metal neodymium was 392500 yuan / ton, which was stable this week, and the price trend of rare earth such as praseodymium oxide and praseodymium metal praseodymium Temporarily stable.
In recent years, the domestic light rare earth industry is mainly due to the negative downstream procurement, strong wait-and-see attitude, reduced trading volume, loss of support for manufacturers’ prices, a slight correction in some prices in the light rare earth market, and a stable price trend of other products. In recent years, the demand and stock up situation of permanent magnet manufacturers is general, the price of PR and nd rare earth is mainly stable, and the market price of light rare earth is still at a low level. In addition, due to the impact of the epidemic situation, the import of overseas rare earth ores has dropped sharply, and the waste recycling and monazite raw materials have decreased, resulting in the decline of domestic rare earth smelting output. However, the domestic economic demand is not so good, and the domestic market price of light rare earth has not changed much.
This week, the price trend of China’s legitimate family is stable. As of the end of the week, the price of dysprosium oxide is 1.845 million yuan / ton, and the price of dysprosium ferroalloy is 1.84 million yuan / ton. Although the proportion of medium and heavy rare earth in the domestic rare earth collection and storage plan is large, it is expected to have a great impact on the supply and demand and price of medium and heavy rare earth, but the collection and storage information is uncertain. At present, Myanmar’s customs clearance still affects the import and supply of medium and heavy rare earth in China However, the downstream demand is not positive in the near future, and the price of heavy rare earth market is mainly stable. In recent years, the price of heavy rare earth remains high and the downstream demand is not obviously improved. The market price of heavy rare earth remains high and fluctuates.
| EDTA 2Na |
The Ministry of industry and information technology issued the notice on the docking and implementation of preferential policies for rare earth industry. According to the notice, the rare earth office entrusted China Nonferrous Metals Industry Association and China Rare Earth Industry Association to sort out and summarize the policy documents suitable for the application of rare earth enterprises, and formed a collection of supporting policies for the resumption of work and production of rare earth industry. Favorable policies support the development of rare earth industry. Meanwhile, Sino US relations are tense. Key products of rare earth trade between China and the United States are of great significance. The national policy is conducive to the balance of supply and demand of rare earth industry. Recently, the supply of rare earth market is normal, the demand is general, and the price of domestic rare earth market is generally stable.
Recently, the domestic demand for rare earths has fallen down compared with the previous period. In addition, the downstream purchasing is not active and the wait-and-see attitude is strong. Analysts of business agency expect that the market price of rare earth will remain stable in the future.
| EDTA |