In June, China’s domestic light rare earth prices rose, heavy rare earths price fluctuated at a high level

In June, the domestic light rare earth market prices increased to varying degrees. The prices of praseodymium neodymium oxide and praseodymium neodymium alloy continued to rise, the light rare earth market recovered, and the domestic heavy rare earth legitimate price fluctuated. According to the rare earth plate index of business society, the rare earth index on June 29 was 346 points, unchanged with yesterday, 65.40% lower than 1000 points (2011-12-06), and 27.68% higher than 271 points, the lowest point on September 13, 2015. (Note: period refers to 2011-12-01 to now).

 

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By the end of the month, the price of praseodymium and neodymium oxide in China was 292000 yuan / ton, up 7.75% from 271000 yuan / ton at the beginning of the month; the price of praseodymium and neodymium alloy was 368000 yuan / ton, up 8.71% from 338500 yuan / ton at the beginning of the month; the price of neodymium oxide was 302000 yuan / ton, up 7.86% in June; the price of metal neodymium was 382000 yuan / ton, up 7.76% in June There are different degrees of increase.

 

In recent years, with the positive promotion of the construction of new infrastructure projects across the country, the price of rare earth has continued to rise, with obvious bullish mentality of the traders holding goods in the market, and the merchants are reluctant to sell, so the rising sentiment is strong. In addition, with the economic recovery in Europe and the United States, the demand of permanent magnet manufacturers for stock increases, the price of PR and nd rare earth is higher, and the market price of light rare earth is still at a low level 。 In addition, due to the impact of the epidemic situation, the import of overseas rare earth ores has dropped sharply, and the waste recycling and monazite raw materials have decreased, resulting in the decline of domestic rare earth smelting output. The domestic economic recovery has led to the recovery of the downstream demand for rare earth, supporting the price of rare earth, and the domestic market price of light rare earth continues to rise.

 

The price of Dy 2O 3 was 1.92 million yuan / ton by the end of June, which was 1.03% lower than the price of 1.94 million yuan / ton at the beginning of the month. The price of dysprosium ferroalloy was 1.89 million yuan / ton, with a decrease of 0.53% in June. In the domestic rare earth collection and storage plan, the proportion of medium and heavy rare earth in the annual output is large, which is expected to have a great impact on the supply and demand and price of medium and heavy rare earth However, it will have a tightening impact on the domestic import supply of medium and heavy rare earth. Once the plan is implemented as scheduled, it will have a greater impact on the supply and demand tightening and price rise of heavy rare earth dysprosium and terbium. In recent years, the price of heavy rare earth has remained at a high level due to the general market in the market. In addition, with the resumption of production and the recovery of terminal new energy vehicle market, domestic terbium series rare earth supply is very tight, and the domestic terbium series rare earth price keeps rising.

 

The Ministry of industry and information technology issued the notice on the docking and implementation of preferential policies for rare earth industry. According to the notice, 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 the application of rare earth enterprises, and formed a collection of supporting policies for the resumption of work and production of rare earth industry. The favorable policies support the development of rare earth industry. At the same time, Sino US relations are 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. Recently, the supply of rare earth market is normal, the demand is improving, and the market price of light rare earth is rising.

 

In recent years, domestic demand for rare earth has increased compared with the previous period, and the supply of medium and heavy rare earth market is still tight. Analysts of business agency predict that the market price of rare earth will continue to rise in the future.

Thiourea