Since September, the price of domestic rare earth market has been continuously declining. As of the 14th, domestic rare earth products have declined in varying degrees. According to the rare earth plate index of business society, the rare earth index on September 13 was 373 points, flat with yesterday, down 62.70% from the highest point of 1000 points in the cycle (2011-12-06), and 37.64% higher than the lowest point 271 on September 13, 2015. (Note: period refers to 2011-12-01 to now).
| EDTA |
As of September 14, the price of praseodymium and neodymium oxide in rare earth in China was 335500 yuan / ton, down 1.32% from 340000 yuan / ton at the beginning of the month; the price of praseodymium and neodymium alloy was 404500 yuan / ton, 1.96% lower than 433000 yuan / ton at the beginning of the month; the price of neodymium oxide was 360500 yuan / ton, down 0.55% from 362500 yuan / ton at the beginning of the month; the price of dysprosium oxide was 1.71 million yuan / ton, down 3.93% compared with the price of 1.78 million yuan / ton at the beginning of the month The price of dysprosium ferroalloy was 1.72 million yuan / ton, which was 2.55% lower than the price of 1.765 million yuan / ton at the beginning of the month.
In September, the price of PR and nd Series in domestic light rare earth fell down. The purchase of main downstream manufacturers came to an end, but the demand did not improve in the near future. The wait-and-see mood of traders in the market was high, and the goods delivery in the light rare earth market turned worse, and the price dropped slightly. On the other hand, in recent years, the supply of PR and nd rare earth market in China is normal, and the production of major light rare earth manufacturers is normal. The lower reaches feel the change of market sentiment and slow down the procurement cycle. Supply and demand are also negative factors for the price decline in the light rare earth market. The supply of light rare earth is normal, the demand side purchases generally, and the price of light rare earth in the field drops.
| EDTA 2Na |
In September, the price of domestic legitimate family continued to decline. In the domestic rare earth collection and storage plan, medium and heavy rare earth accounted for a large proportion of the annual output. However, the purchase and storage had not been carried out as scheduled. In addition, the downstream procurement was not active, and the direct market price continued to decline. However, at present, Myanmar’s customs clearance still had a tightening effect on the domestic medium and heavy rare earth import supply, and the domestic market price of heavy rare earth was still at a high level. Domestic terbium supply is relatively tight, and manufacturers’ production is discontinuous. The price of terbium oxide and metal terbium has reached the high level in recent seven years. Recently, the on-site procurement is not active, and the domestic heavy rare earth price has dropped slightly.
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. National policies are conducive to the balance of supply and demand of rare earth industry. Recently, the supply of rare earth market is normal, and the domestic rare earth market is slightly lower.
Recently, the purchasing sentiment in the domestic rare earth market has declined, and the supply of medium and heavy rare earth market is normal. Analysts of business agency believe that China’s rare earth industry is expected to gradually move from “large” to “strong”, and the price of domestic rare earth market may decline slightly due to the inactive procurement.
| Melamine |