On May 29, China’s domestic rare earth market prices were temporarily stable

On May 28, the rare earth index was 381 points, down 3 points from yesterday, down 61.90% from the cyclical peak of 1000 points (2011-12-06), and up 40.59% from the lowest point of 271 on September 13, 2015. (Note: Period refers to 2011-12-01 to date).

http://www.lubonchem.com/

The average price of Neodymium in rare earth metals is 440,000 yuan per ton, dysprosium is 2325,000 yuan per ton and praseodymium is 69,000 yuan per ton. The average price of praseodymium and neodymium oxide in rare earth oxides is 325,000 yuan/ton; dysprosium oxide is 1.975 million yuan/ton; praseodymium oxide is 355,000 yuan/ton; and neodymium oxide is 330,000 yuan/ton. The price of praseodymium and neodymium alloys in rare earth alloys is 440,000 yuan/ton, and the average price of dysprosium-iron alloys is 1.975 million yuan/ton.

Benzalkonium chloride

Recent price shocks in the rare earth market, the domestic rare earth market trading market is general, the price trend of most commodities in the rare earth market is temporarily stable, heavy rare earth dysprosium and terbium varieties are affected by the restrictions on the import of Myanmar mines. Market participants are more optimistic about the price of medium and heavy rare earth. Holders are reluctant to sell, and the price of dysprosium and terbium system keeps high, but the market trend of neodymium series products is general, the supply in the market is normal, light. Rare earth prices have been slightly revised back in the near future. The price fluctuation of rare earth market is related to environmental protection supervision in the whole country. Rare earth production has its particularity, especially the radiation hazard of some products, which makes environmental protection supervision stricter. Under the strict environmental protection inspection, rare earth separation enterprises in many provinces have stopped production, resulting in a general market of rare earth oxides. Recently, the rare earth market has turned to the seller’s market. The manufacturers have reasonable control over sales and are reluctant to sell. Especially for some mainstream rare earth oxides, the supply performance is tight, the price trend of rare earth market is rising, large enterprise groups are reluctant to sell in the near future, the market of rare earth has improved, but the major manufacturers are cautious about the pricing of products. Recently, rare earth imports have declined, domestic enterprises are reluctant to sell, and some prices in the rare earth market remain high.

Recently, the State Environmental Protection Department has made no reduction in its stringent efforts, which has a greater impact on the rare earth industry. The rare earth industry has a low start-up and a cold market. Prior to this, Anhui Province jointly issued a special action document to crack down on rare earth blacks. Due to the increasingly obvious regulatory effect, the supply of raw mineral resources in the upstream of the rare earth industry has shrunk, and the rare earth industry has been trading well.

Sodium Molybdate

Rare earth analysts of business associations expect that the recent stringent domestic environmental protection efforts will not diminish, coupled with domestic reorganization of the order of the rare earth industry, Myanmar’s restrictions on exports, reduced supply, which will provide some favorable support for the rare earth industry, but the recent rare earth market transactions are limited, and rare earth products are expected to be shaky operation.