Since July, the domestic market price of light rare earth has been rising continuously. The price of praseodymium neodymium oxide and praseodymium neodymium alloy has continued to rise, and the market performance of light rare earth is strong. According to the rare earth plate index of business society, the rare earth index on July 10 was 341 points, unchanged with yesterday, 65.90% lower than 1000 points (2011-12-06), and 25.83% higher than 271 points, the lowest point on September 13, 2015. (Note: period refers to 2011-12-01 to now).
|ferric sulfate (Poly ferric sulphate)|
As of July 10, the price of praseodymium and neodymium oxide in domestic rare earth was 293000 yuan / ton, with an increase of 0.34% in July; the price of praseodymium and neodymium alloy was 369000 yuan / ton, with an increase of 0.27% in July. Neodymium oxide, neodymium metal, etc. have increased to varying degrees, but the prices of praseodymium oxide and praseodymium metal have fallen.
In recent years, the domestic rare earth industry demand has improved, with obvious bullish mentality of the domestic rare earth industry, and the merchants are reluctant to sell, so the market sentiment is strong. In addition, with the economic recovery in Europe and the United States, the demand of permanent magnet manufacturers for stock increases, and the prices of praseodymium and neodymium rare earth continue to rise, and the market price of light rare earth is still at a low level. In 2020, China’s first batch of rare earth mining, smelting and separation total control indicators are 66600 tons and 63500 tons, respectively, 6000 tons more than that in 2019. The first batch of data in 2020 slightly increased compared with the same batch in 2019, but still lower than the same batch of indicators in 2018. This is in line with the industry insiders have been calling for increasing the supply of resources, domestic light rare earth market prices rose slightly.
In the domestic rare earth collection and storage plan, the proportion of medium and heavy rare earth in the annual output is relatively large, which is expected to have a great impact on the supply and demand and price of medium and heavy rare earth. Considering that Myanmar’s customs clearance still has a tightening impact on the domestic import and supply of medium and heavy rare earth, once the collection and storage plan is implemented as scheduled, it will have a great impact on the supply and demand tightening and price rise of heavy rare earth such as dysprosium and terbium. However, in recent years, the floor trading has declined, heavy rare earth prices have slightly reversed, and the terbium series prices have risen to a high level, and the pressure of continuous rise is great; in addition, with the resumption of construction and production, the terminal new energy vehicle market is picking up, and the heavy rare earth market price is mainly fluctuating, so there is still a possibility of a small adjustment.
|Azodicarbonamide (AC foaming Agent)|
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. The favorable policies support the development of rare earth industry. At the same time, Sino US relations are somewhat loose. The 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 improving, and the market price of light rare earth is rising.
Recently, domestic demand for rare earth has increased, but the market price of heavy rare earth has dropped slightly. Analysts from business agency expect that the market price of rare earth will remain mainly volatile in the near future.