According to the monitoring of the business society, the price index of domestic rare earth market rose, the price of PR nd Series in China rose, while the price of heavy rare earth market remained high. According to the index of rare earth plate of business agency, the rare earth index on July 14 was 524, up 3 points from yesterday, down 47.60% from the highest point 1000 in the week (2011-12-06), It was 93.36% higher than the 271 point of the lowest point on September 13, 2015（ Note: the cycle refers to December 1, 2011 to present).
It can be seen clearly from the rare earth index chart that the domestic rare earth price has risen since July, and the main commodity prices in the rare earth market have increased to varying degrees in recent years, and the trend of rare earth market has improved. See the product as follows:
It can be seen clearly from the product price trend chart that the prices of mainstream products such as neodymium oxide, neodymium metal, praseodymium oxide, praseodymium alloy, praseodymium oxide and praseodymium metal have gradually increased. As of July 15, the price of neodymium oxide in domestic rare earth is 5375000 yuan / ton; The price of neodymium metal is 660000 yuan / ton; The price of praseodymium and neodymium oxide is 5425000 yuan / ton; The price of praseodymium nd alloy is 6675000 yuan / ton; The price of praseodymium is 700000 yuan / ton; Praseodymium oxide price is 5725000 yuan / ton, and all products have increased to different degrees. In July, the market trend of domestic light rare earth market gradually increased, and the market situation improved.
The domestic rare earth market continues to rise, the supply and demand structure turns to a large turning point, the demand for high-end magnetic materials is large, and the profit space of the rare earth industry chain is open. Recently, China’s rare earth quota at the supply end may steadily increase, supply rigidity is optimized, and new energy efficiency standards are implemented. The penetration rate of NdFeB in domestic household appliances variable frequency air conditioning will continue to increase, and the demand end is expected to continue to rise. New energy vehicles are selling normally, and demand for rare earth is at a high level. The main rare earth materials of high performance NdFeB are light rare earth, dysprosium oxide and terbium oxide. They are used in new energy vehicles, wind power, energy saving, frequency conversion air conditioning, traditional automobiles and other fields. According to statistics, the sales of new energy vehicles are still good. According to the data released by China Automobile Industry Association, in may2021, the sales volume of the automobile industry is estimated to complete 2.24 million vehicles, a 2.1% decrease on a month-on-year basis, an increase of 0.5% year on year; From January to may, the cumulative sales volume of the automobile industry is estimated to be 10.951 million, an increase of 37.6% year-on-year. How much lower demand has increased in recent years, and the price of light rare earth market continues to rise.
According to the trend chart, the price trend of dysprosium system in China is relatively stable, and the price of dysprosium oxide is 2.475 million yuan / ton as of the 15th day; The price of dysprosium ferroalloy is 2.45 million yuan / ton, the price of dysprosium metal is 3.31 million yuan / ton, the domestic price of terbium system is correspondingly higher, the price of terbium oxide in China is 7 million yuan / ton, and the price of terbium metal is 8.725 million yuan / ton. The domestic rare earth market has improved, leading magnetic material plants continue to expand, and the demand for replenishment of the warehouse makes the price of the domestic heavy rare earth market rise. In addition, Myanmar forbids export. The global supply of rare earth is relatively concentrated, and Myanmar is one of the production areas next to the United States. Myanmar has a great influence on domestic heavy rare earth market products, with a large reduction in imported goods sources, general supply of heavy rare earth market in the site, positive downstream procurement in recent years, and rising market price.
The recent notice on the implementation of industrial energy conservation supervision in 2021 emphasizes comprehensive sorting and investigation of key industry enterprises such as steel, nonferrous metal smelting, petrochemical industry and building materials, and special supervision on the implementation of mandatory energy consumption limit standards of unit products, and finally fully covers energy conservation supervision of key industry enterprises during the “14th five year plan”. In addition, Wang Jiangping, Vice Minister of the Ministry of industry and information technology last week, said at the video conference on industrial and information system industry policies and regulations, that he would focus on optimizing the development environment of industry enterprises, accelerate the promotion of legislation on telecommunication law and promote the promulgation of the rare earth regulations as soon as possible. Industry insiders believe that this reflects the government’s strengthening of the management and control of the rare earth industry, which is conducive to the healthy development of the industry. Since 2021, the overall demand for rare earth products is still acceptable, the demand of downstream has increased in recent years, and the phenomenon of replenishment of the warehouse is frequent, and the price of domestic rare earth market has increased.
With the sustainable development of new energy vehicles, wind power and frequency conversion air conditioning downstream of rare earth, the demand side continues, and the domestic rare earth supply is normal, the recent on-site transactions increase and the purchase is positive. Chenling, an analyst at business society, expects the market price of rare earth to maintain a rise in the later period.
| PVA |