China’s domestic rare earth market rose partly on June 12

On June 12, the rare earth index was 404 points, unchanged from yesterday, down 59.60% from the cyclical peak of 1000 points (2011-12-06), and up 49.08% from the lowest point of 271 on September 13, 2015. (Note: Period refers to 2011-12-01 to date).

The average price of Neodymium in rare earth metals is 4.575 million yuan per ton, dysprosium metal is 2.4 million yuan per ton and praseodymium metal is 71 million yuan per ton. The average price of praseodymium and neodymium oxide in rare earth oxides is 357,500 yuan/ton; dysprosium oxide is 2 million yuan/ton; praseodymium oxide is 415,000 yuan/ton; and neodymium oxide is 357,000 yuan/ton. The price of praseodymium and neodymium alloys in rare earth alloys is 4.575 million yuan per ton, and the average price of dysprosium and iron alloys is 2 million yuan per ton.

Sodium Molybdate

Recently, the price of some rare earths has risen, the domestic rare earth market is in general, the price trend of most commodities in the rare earth market has risen, and the import of heavy rare earth dysprosium and terbium products has been limited by Myanmar’s mines. Market participants are more optimistic about the price of medium and heavy rare earths. Holders are reluctant to sell them, and the price of dysprosium and terbium series has continued to rise. Recently, the market trend of praseodymium and neodymium series products has improved, and the supply in the field is normal. Light rare earth prices have recently risen. 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 have risen.

Benzalkonium chloride

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.

Rare earth analysts from business associations expect that the recent stringent domestic environmental protection efforts will not decrease, coupled with the domestic reorganization of the order of the rare earth industry, Myanmar’s export restrictions and reduced supply 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 rise slightly.