According to the monitoring of the business agency, the domestic rare earth market price rose sharply in November, the domestic neodymium series rare earth price rose sharply, the terbium series market price rose to an eight year high, and the domestic rare earth market price rose sharply. According to the rare earth plate index of the business society, the rare earth index on November 29 was 414 points, which was the same as yesterday, and decreased by 58.60% compared with the highest point of 1000 points (December 06, 2011), compared with 2015 On September 13, 271, the lowest point, rose 52.77%. (Note: period refers to 2011-12-01 to now).
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It can be clearly seen from the product price trend chart that the prices of domestic praseodymium and neodymium oxide, praseodymium neodymium alloy, neodymium oxide and metal neodymium increased greatly in November. As of the end of the month, the price of praseodymium neodymium oxide in domestic rare earth was 435000 yuan / ton, 30.45% higher than that at the beginning of the month, 52.90% higher than that at the beginning of the month; the price of praseodymium and neodymium alloy was 535000 yuan / ton, which was 27.8 thousand yuan / ton higher than that at the beginning of the month 99%, with a year-on-year increase of 48.61%; the price of neodymium oxide is 462500 yuan / ton, which is 29.73% higher than that of 356500 yuan / ton at the beginning of the month, 61.43% higher than that at the beginning of the month; the price of metallic neodymium at the end of the month is 602500 yuan / ton, which is 34.79% higher than that of 447000 yuan / ton at the beginning of the month, with a year-on-year increase of 67.36%; the price of praseodymium oxide rises by 4.09% in November; the price of praseodymium is stable, and the price of neodymium.
In November, affected by the tight circulation of some products and the moderate enthusiasm of downstream magnetic material enterprises to enter the market, coupled with the obvious increase in the domestic production of new energy vehicles, and the rapid development of wind power, electronic products and other terminal industries, with the slowing down of the epidemic situation, the capacity utilization rate of downstream manufacturers will continue, and the demand for NdFeB will continue to increase, but the domestic supply side still remains In a shrinking situation, serious imbalance between supply and demand, resulting in the domestic neodymium market price rise crazy. In recent years, the demand and stock up situation of permanent magnet manufacturers is more positive. Due to the increase of overseas demand, however, with the formal entry into force of the “export control law of the people’s Republic of China” on December 1, the market expects that China’s rare earth export will further shrink, and the global supply of rare earth may further shrink. At that time, the supply of rare earth will become more tense, which will promote the price of domestic market to further rise. Compared with the market price of neodymium series, the domestic heavy rare earth market price also has a corresponding rise, dysprosium terbium series market is still the model of heavy rare earth market.
It can be seen from the trend chart that the trend of domestic legitimate price in November is still rising. As of the end of the month, the price of dysprosium oxide is 1.925 million yuan / ton, with an increase of 15.27% in November; the price of dysprosium ferroalloy is 1915000 yuan / ton, with a trend of 17.13% in November. However, the domestic price of terbium series has risen sharply. At the end of the month, the domestic price of terbium oxide is 6.175 million yuan / ton, the price of metal terbium is 7.775 million yuan / ton It rose to the highest level in eight years. The domestic rare earth purchase and storage plan is a good support for domestic heavy rare earth prices. In the plan, medium and heavy rare earth accounts for a large proportion of the annual output, which is expected to have a great impact on the supply and demand and price of medium and heavy rare earth. In addition, Myanmar’s customs clearance still has a tight impact on the domestic import and supply of medium and heavy rare earth. However, the downstream demand is positive, and the price of heavy rare earth market is rising due to the terbium market Due to tight supply and imbalance between supply and demand, domestic heavy rare earth market prices are expected to continue to rise.
Under the new situation, the strategic value of rare earth is expected to continue to increase. The United States, Japan and Europe and the United States have made corresponding plans to include rare earth in the national strategic resource reserve plan. The advantages of rare earth strategic resources are prominent. China is a large rare earth reserve country, and its rare earth reserves account for 37% of the world. At the same time, China is also a major rare earth export country. The state has made corresponding adjustments to the development of rare earth industry, and the rare earth industry is moving towards high quality The development and favorable policies support the development of rare earth industry, and the price trend of domestic rare earth market is strong.
In the near future, rare earth prices will continue to rise in the domestic market, but the domestic market demand for rare earth resources will continue to rise.
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