On July 8, China’s domestic rare earth market price trend was temporarily stable

On July 8, the rare earth index was 393 points, unchanged from yesterday, down 60.70% from the cyclical peak of 1000 points (2011-12-06), and up 45.02% from the lowest point of 271 on September 13, 2015. (Note: Period refers to 2011-12-01 to date).

Melamine

The average price of Neodymium in rare earth metals is 435,000 yuan/ton, dysprosium metal is 2.4 million yuan/ton and praseodymium metal is 710,000 yuan/ton. The average price of praseodymium and neodymium oxide in rare earth oxides is 337,500 yuan/ton; dysprosium oxide is 1.965 million yuan/ton; praseodymium oxide is 4.05 million yuan/ton; and neodymium oxide is 339,500 yuan/ton. The price of praseodymium and neodymium alloys in rare earth alloys is 435,000 yuan per ton, and the average price of dysprosium and iron alloys is 1.965 million yuan per ton.

EDTA

In the near future, the price trend of rare earth is temporarily stable, the domestic rare earth market is generally trading, and the price trend of most commodities in the rare earth market is stable. However, in the near future, the prices of some products in the market have fallen sharply, and the prices of dysprosium and terbium metals have fallen sharply. In the near future, the market trend of praseodymium and neodymium series products has declined, the supply in the market is normal, and the price of light rare earth has recently gone down. The situation is declining. 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 still tense. The price trend of rare earth market has slightly declined. Recently, large enterprise groups are reluctant to sell, and the market of rare earth has improved. However, the major manufacturers are cautious about the pricing of products.

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. At the recent press conference on macroeconomic operation held by the Development and Reform Commission, Meng Wei, spokesman of the National Development and Reform Commission (NDRC), answering reporters’questions on rare earth, said that on the basis of in-depth investigation and scientific demonstration, relevant policies and measures would be put forward to give full play to the special value of rare earth as a strategic resource. Due to the increasingly obvious regulatory effect, the supply of raw ore resources in the upstream of the rare earth industry has shrunk, and the trading market of the rare earth industry is general.

Azodicarbonamide (AC foaming Agent)

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 restricts exports and reduces supply, but the recent rare earth market transactions are limited, and rare earth products are expected to remain volatile.