According to the monitoring of business society, the price index of domestic rare earth market rose slightly, the price of domestic praseodymium neodymium rare earth market rose and fell, and the price of heavy rare earth market rose slightly. According to the rare earth sector index of business society, the rare earth index was 600 points on September 29, the same as yesterday, down 40.00% from the highest point of 1000 points in the cycle (December 6, 2011), It is 121.40% higher than the lowest point of 271 on September 13, 2015. (Note: the period refers to the period from December 1, 2011 to now).
It can be clearly seen from the rare earth index chart that the recent domestic rare earth price has increased steadily and slightly, the recent mainstream commodity price in the rare earth market is mainly stable, and the rare earth market has increased slightly. In terms of products:
It can be clearly seen from the product price trend chart that the price trend of domestic metal neodymium, metal praseodymium, praseodymium oxide and neodymium oxide increased, and the price of praseodymium neodymium alloy and praseodymium neodymium oxide decreased slightly. By the end of the month, the price of neodymium oxide in domestic rare earth was 627500 yuan / ton, with a monthly price increase of 3.04%; The price of praseodymium oxide was 640000 yuan / ton, up 2.4% in September; The price of metal praseodymium was 860000 yuan / ton, and the monthly price trend increased by 5.52%; The price of neodymium was 775000 yuan / ton, with a monthly price increase of 1.31%; The price of praseodymium neodymium oxide was 600000 yuan / ton, down 0.58%; The price of praseodymium neodymium alloy was 738500 yuan / ton, with a price decline of 1.2%. The price of light rare earths in China rose. On the whole, the market was stable.
The trend of some products in the domestic rare earth market is rising, the supply and demand structure has little change, and the demand for high-end magnetic materials is normal. Recently, China’s rare earth quota on the supply side may be steadily increased, and the supply rigidity is optimized. In addition, with the implementation of the new energy efficiency standards, the proportion of frequency conversion air conditioners for domestic household appliances, the penetration rate of Nd-Fe-B continues to increase, and the demand side is relatively normal. The sales of new energy vehicles are normal, the demand for rare earth is at a high level, and the price of rare earth oxide is rising. When there is no lock order, the rare earth metal factory mainly focuses on waiting and watching, and the procurement is more cautious. At the same time, the national environmental protection inspector is still continuing, the peak season of traditional demand for rare earth is coming, superimposing the launch expectations of relevant policies in the rare earth industry, supply and demand are expected to resonate with policies, and rare earth prices may rise steadily. According to statistics, the sales of new energy vehicles are OK. According to the data released by China Automobile Industry Association, China Automobile Industry Association (hereinafter referred to as “China Automobile Association”) released the latest production and sales data. In August, 307000 new energy passenger vehicles were sold in China, with a month on month increase of 19.8% and a year-on-year increase of 193%. The cumulative sales from January to August were 1.704 million. Under the influence of “double control”, the supply in some regions has declined, the recent downstream demand is OK, and some prices in the light rare earth market have increased slightly.
It can be seen from the trend chart that the price trend of dysprosium Series in China has increased. By the end of the month, the price of dysprosium oxide was 2.705 million yuan / ton, and the monthly price trend has increased by 4.84%; The price of dysprosium ferroalloy was 2.64 million yuan / ton, the price trend increased by 3.12%, the price of metal dysprosium was 3.445 million yuan / ton, and the monthly price increased by 3.77%. The price of domestic terbium series continued to rise, the price of domestic terbium oxide was 8.825 million yuan / ton, and the price of metal terbium was 11.1 million yuan / ton. The transaction in the domestic rare earth market is normal, and the leading magnetic material factory purchases actively, which makes the domestic heavy rare earth market price rise slightly. In the early stage, affected by the rainy season and epidemic situation, the rare earth supply in Myanmar has been disturbed. Recently, the war in Myanmar has started again, and the supply disturbance has been further aggravated. The global rare earth supply is relatively concentrated. Myanmar is one of the production areas second only to China and the United States. Myanmar has a great impact on the products in the domestic heavy rare earth market. In addition, due to the impact of power rationing in some regions, the domestic supply is tight, and the production reduction risk of separation enterprises using Myanmar mines in the south is increased. Affected by this, the domestic heavy rare earth market price continues to rise.
National policy support. In early July, Vice Minister Wang Jiangping of the Ministry of industry and information technology pointed out that the regulations on the administration of rare earth will be introduced as soon as possible. We expect that the regulations will be introduced with a high probability within this year, and national legislation will regulate the high-quality development of the rare earth industry. Industry insiders believe that this reflects the strengthening of government control over the rare earth industry, which is conducive to the healthy development of the industry. Since 2021, the accelerated promulgation of the regulations on the administration of rare earth will, on the one hand, make the industry have laws to abide by and promote the rare earth industry chain to embark on the road of virtuous circle development; On the other hand, it reflects China’s determination to strictly control the supply order of rare earth and support the price of rare earth as an important strategic resource. The overall demand for rare earth products is OK, the downstream demand is normal in the near future, and the price of domestic rare earth market is OK.
With the sustainable development of new energy vehicles, wind power and variable frequency air conditioning in the downstream of rare earth, the demand continues. In addition, the domestic rare earth supply starts normally. Recently, the on-site transactions have increased and the goods are actively prepared. The peak season of traditional demand for rare earth is coming. Chen Ling, an analyst of business society, predicts that there is room for the market price of rare earth in the later stage.
| Thiourea |