May 23 China’s domestic rare earth market prices rose sharply

May 23, the rare earth index was 381 points, up 17 points from yesterday, down 61.9% from 1000 at the highest point in the cycle (2011-12-06), up 271 from its lowest point of 40.59% on September 13, 2015.

(Note: cycle refers to 2011-12-01 to date). The average price of metal neodymium in rare earth metals increased by 52500 yuan/ton to 440,000 yuan/ton, the average price of dysprosium metal was 2.275 million yuan/ton, and the average price of metal praseodymium was 690,000 yuan/ton. The average price of praseodymium neodymium oxide in rare earth oxides increased by 30000 yuan/ton to 335,000 yuan/ton; dysprosium oxide prices increased by 30,000 yuan/ton to 1.955 million yuan/ton; the average of oxidized praseodymium was 355,000 yuan/ton; and the average price of neodymium oxide increased by 30000 yuan/ton to 330,000 yuan/ton.

Azodicarbonamide (AC foaming Agent)

The price of praseodymium neodymium alloy in rare earth alloy increased by 55000 yuan/ton to 450,000 yuan/ton; the average price of dysprosium ferroalloy increased by 30,000 yuan/ton to 1.955 million yuan/ton. Recent Rare earth field prices rose sharply, domestic rare earth market trading market improved, rare earth market most commodity prices higher, heavy rare earth dysprosium terbium varieties affected by Myanmar Mine import restrictions, market participants on the price of medium-heavy rare earths, holding merchants reluctant, dysprosium terbium prices rose sharply, coupled with Praseodymium Neodymium series of products market trend in general, The supply of the field is normal, rare earth prices in the recent trend of rise. Rare Earth market price shock is related to environmental inspectors nationwide, rare earth production has particularity, especially some products have radiation harm to make environmental protection supervision become more stringent. In the environmental protection of strict inspection, a number of provinces rare earth separation enterprises have been discontinued, resulting in the general rare earth oxide market delivery, the recent rare earth market to the seller’s markets, manufacturers reasonable control of sales, reluctant sentiment is strong. In particular, some mainstream rare earth oxides, supply performance tension, rare earth market price trend rise, the recent field of large enterprise groups have reluctant sentiment, rare earth market improve, but the price of products are also carefully watched by manufacturers.

Sodium selenite

The recent decline in rare earth imports, domestic enterprises reluctant, the rare earth market part of the price rose sharply. Recently, the state Environmental Protection Department strict investigation efforts, the impact on the rare earth industry is greater, rare earth industry started low, the market is cold.

Prior to this, Anhui Province jointly issued a special action document on rare Earth black, because the regulatory effect is becoming increasingly apparent, rare earth industry upstream raw ore resources supply shrinkage, rare earth industry trading market to go well. Business Society Rare Earth analysts expect the recent domestic environmental protection is not reduced, coupled with the domestic order of the rare earth industry rectification, Myanmar to restrict exports, supply reduction, the rare earth industry has a certain positive support, rare Earth products are expected to rise expectations.

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