Recently, the price of rare earth in China has increased significantly. Since the middle of February, the price of heavy rare earth in China has increased by 9.4%. Supported by the market price of heavy rare earth in China, the market price of light rare earth has increased accordingly. The price trend of some rare earth products in China is as follows:
| EDTA |
In recent years, the market price of heavy rare earth in China has risen sharply, with a rise of 9.4% in February. As of the 20th day, the price of dysprosium oxide was 1.785 million yuan / ton, with a rise of 5.0%; the price of dysprosium metal was 2.325 million yuan / ton, with a rise of 9.41%; the market price of some light rare earth in China has also risen, with a rise of 362500 yuan / ton as of the 20th day, with a rise of 1.26%; the price of praseodymium neodymium oxide was 286500 yuan / ton, 2 The monthly increase was 2.69%. In recent years, the domestic price of heavy rare earth has increased substantially, and the market price of light rare earth has increased correspondingly. Affected by favorable national policies, the domestic rare earth market has improved.
On February 19, the rare earth index was 343 points, up 2 points from yesterday, down 65.70% from the cycle’s highest point of 1000 (2011-12-06), and up 26.57% from the lowest point of 271 on September 13, 2015. (Note: cycle refers to 2011-12-01 to now).
In recent years, the price of rare earth in the rare earth market has risen sharply. In recent years, Myanmar has unilaterally banned the export of rare earth, which has led to a sharp decline in the import volume of domestic heavy rare earth. In addition, the south is a serious epidemic area, and rare earth Enterprises in the South have not fully resumed their work, the supply of domestic heavy rare earth has decreased, the contradiction between the supply and demand of domestic heavy rare earth is sharp, and the market price of heavy rare earth has risen sharply. In addition, the demand for permanent magnet has increased recently, the market trend of praseodymium and neodymium series products has rebounded, the on-site supply is normal, the demand for light rare earth in the near future is general, and the market price has not increased much. 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. Affected by the epidemic, transportation is limited to some extent, and the price trend of some rare earth products remains stable.
| Melamine |
According to the Ministry of industry and information technology and other documents, by 2025, the sales of new energy vehicles will account for about 25%. Global electrification is stepping into the acceleration period of high-quality models at the supply side. China’s double point policy and European carbon emission requirements have established a long-term development mechanism for new energy vehicles. Driven by national policies, the supply and demand pattern of rare earth industry is expected to further improve, domestic demand in China has improved, and the price of heavy rare earth in domestic rare earth market remains high. Recently, the Ministry of natural resources and the Ministry of industry and information technology issued the notice on the issuance of the total amount control index (the first batch) for the exploitation of rare earth ores and tungsten ores in 2020, which clarified that the total amount control index for the exploitation of the first batch of rare earth ores (rare earth oxide REO) in China is 66000 tons, and the total amount control index for the exploitation of tungsten concentrate (65% of tungsten trioxide) is 52500 tons.
Rare earth analysts of the business agency expect that in the near future, the intensity of strict environmental protection inspection in China will not be reduced, and the import of heavy rare earth in China will be blocked, 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 continue to rise, and the light rare earth affected will also rise slightly.
| EDTA 2Na |