In the near future, the price trend of rare earth in China has remained stable. Near the Spring Festival holiday, the trading atmosphere in the market is light. The price trend chart of some rare earth products in China:
|Gamma-PGA (gamma polyglutamic acid)|
In recent years, the price trend of domestic heavy rare earth market is stable, as of the 21st day, the price of dysprosium oxide is 1.7 million yuan / ton; the price of dysprosium ferroalloy is 1.685 million yuan / ton; the price trend of domestic light rare earth market is stable, as of the 21st day, the price of neodymium oxide is 292000 yuan / ton, the price trend is stable; the price of praseodymium neodymium alloy is 358000 yuan / ton, the price trend is stable; the price of praseodymium neodymium oxide is 279000 yuan / ton, the price is stable The price of neodymium is 367500 yuan / ton. In the near future, the price trend of domestic rare earth market is stable. Affected by favorable national policies, the domestic rare earth market remains high.
On January 20, the rare earth index was 338, unchanged from yesterday, 66.20% lower than the cycle’s highest point of 1000 (2011-12-06), and 24.72% higher than the lowest point of 271 on September 13, 2015. (Note: cycle refers to 2011-12-01 to now).
In recent years, the market price of rare earth has stopped falling and stabilized. According to statistics, the export volume of domestic rare earth market in December increased significantly. The export volume of China’s rare earth in December was 3657.3 tons, an increase of about 38.7% compared with the export volume in November. The significant increase in export volume is good for the domestic rare earth market, and the domestic rare earth price trend remains high. In addition, in the near future, the demand for permanent magnet remains high, the market trend of praseodymium and neodymium series products rebounds, the on-site supply is normal, the recent demand for light rare earth is general, and the market price changes little. The price fluctuation of rare earth market is related to the national environmental protection supervision. Rare earth production has particularity, especially some products have radiation hazards, which makes the environmental protection supervision more strict. Under the strict inspection of environmental protection, the manufacturer reasonably controls the sales, but the downstream demand has not changed much in the near future, and the price trend of most rare earths is mainly stable.
Geng Shuang, a spokesman for the former foreign ministry, said that China is the world’s largest country in rare earth reserves and production, and plays an important role in the global rare earth industry chain. China has always adhered to the principle of openness, coordination and sharing, promoted the development of domestic rare earth industry, and is willing to use rare earth resources and products to meet the legitimate needs of the development of all countries in the world, so as to promote China’s economy and the world Economic development plays an active role. China’s rare earth production accounts for 73% of the world’s total, ranking first in the world and playing an important role in the game between big countries. The export volume of domestic rare earth products has increased, which is good for the market price of domestic rare earth. Recently, the Ministry of industry and information technology and the Ministry of natural resources jointly issued a notice to release the total amount control indicators of rare earth mining and smelting separation and tungsten mining in 2019. The Ministry of industry and information technology of China announced that the total amount of rare earth mining and smelting separation in 2019 was 132000 tons and 127000 tons respectively, while the quota of rare earth mining in 2018 was 120000 tons, an increase of 12000 tons, and 2019 is the highest year since 2014. In addition, the Ministry of industry and information technology, together with relevant departments, drafted the development plan of new energy vehicle industry (2021-2035). After 15 years of continuous efforts, China’s core technology of new energy vehicles will reach the international leading level. By 2025, the proportion of new energy vehicle sales will reach about 25%. Driven by national policies, the supply and demand pattern of rare earth industry is expected to further improve, and China’s domestic demand is expected to further improve The price of rare earth in the domestic market remained high and volatile.
Rare earth analysts of business agency expect that the recent domestic environmental protection scrutiny will not be reduced, coupled with favorable domestic support for the export of rare earth industry, and the supply and demand pattern is improving in a good way. It is expected that the price of heavy rare earth in the rare earth market will remain high after the Spring Festival, and the trend of light rare earth market will be improved.
|ferric sulfate (Poly ferric sulphate)|