Since late June, the market price of light rare earth in China has risen again. The prices of praseodymium neodymium oxide and praseodymium neodymium alloy have continued to rise, and the market of light rare earth has recovered. According to the rare earth sector index of business association, on June 22, the rare earth index was 345 points, up 1 point from yesterday, down 65.50% from 1000 points (2011-12-06), and up 27.31% from 271, the lowest point on September 13, 2015. (Note: cycle refers to 2011-12-01 to now).
As of June 23, the price of praseodymium neodymium oxide and praseodymium neodymium alloy in China was 288000 yuan / ton and 364000 yuan / ton respectively. The prices of neodymium oxide, metal neodymium, holmium oxide and holmium ferroalloy all rose to some extent.
In recent years, in terms of light rare earth in China, driven by the positive promotion of new infrastructure projects in all parts of the country, the price of rare earth has slightly increased. The merchants who hold goods in the field are obviously bullish. The merchants are reluctant to sell, and the sentiment of rising in the field is strong. In addition, with the economic recovery in Europe and the United States, the demand of permanent magnet manufacturers has increased, and the price of praseodymium neodymium series rare earth has slightly increased. The market price of light rare earth is still at Low level. In addition, due to the impact of the epidemic on the import of overseas rare earth minerals and the reduction of waste recovery and monazite raw materials, the domestic rare earth smelting output has declined, while the domestic economic recovery has led to the recovery of downstream demand for rare earth, supporting the price of rare earth, and the price of domestic light rare earth market has increased.
| Thiourea |
Heavy rare earth accounts for a large proportion of annual production in the domestic rare earth collection and storage plan, which is expected to have a greater impact on the supply and demand of heavy rare earth and the price. Considering that the current closure of Myanmar still has a tightening impact on the domestic import and supply of heavy rare earth, once the collection and storage plan is implemented as scheduled, it will have a greater impact on the supply and demand of heavy rare earth dysprosium and terbium and the price rise. In the near future, the market price of heavy rare earth remains at a high level; in addition, with the resumption of work and production, the terminal new energy vehicle market has recovered, the domestic supply of terbium rare earth is very tight, and the domestic price of terbium rare earth keeps rising.
The Ministry of industry and information technology issued the notice on the docking and implementation of preferential policies for rare earth enterprises, saying that the rare earth office entrusted China Nonferrous Metals Industry Association and China Rare Earth Industry Association to sort out and summarize the policy documents suitable for rare earth enterprise application, and formed the compilation of relevant supporting policies for rare earth industry resumption. The policy is favorable to support the development of rare earth industry, while the relationship between China and the United States is somewhat loose. The key products of rare earth trade between China and the United States are of great significance. The national policy is conducive to the balance of supply and demand of rare earth industry. In the near future, the supply of rare earth market is normal, the demand is improving, and the market price of light rare earth is rising.
Recently, the domestic demand for rare earth is higher than before. In addition, the supply of medium heavy rare earth market is still tight. Analysts of business agency expect that the market price of rare earth in the later period may continue to rise.
| http://www.lubonchem.com/ |