China’s domestic rare earth market prices rose and fell on August 28

On August 28, the rare earth index was 373 points, unchanged from yesterday, down 62.70% from the cyclical peak of 1000 points (2011-12-06), and up 37.64% from the lowest point of 271 on September 13, 2015. (Note: Period refers to 2011-12-01 to date).

The average price of Neodymium in rare earth metals is 395,500 yuan per ton, dysprosium metal is 2.3 million yuan per ton and praseodymium metal is 695,000 yuan per ton. The average price of praseodymium and neodymium oxides in rare earth oxides increased by 4000 yuan/ton to 317,500 yuan/ton; the price of dysprosium oxide dropped by 5000 yuan/ton to 191,000 yuan/ton; the average price of praseodymium oxide was 382,500 yuan/ton; and the average price of neodymium oxide increased by 4000 yuan/ton to 315,000 yuan/ton. The price of praseodymium and neodymium alloys in rare earth alloys is 395,500 yuan per ton, and the average price of dysprosium and iron alloys is 191,000 yuan per ton.

Recently, the prices of heavy rare earth in the rare earth market have fallen, but the prices of light rare earth market have risen slightly. The domestic rare earth market has a general trading market. The prices of dysprosium-terbium metal oxides have fallen slightly. Recently, the inquiries for praseodymium oxide and neodymium oxide in the field have increased, and the prices of light rare earth oxides have maintained a rising trend. At that time, the sellers of light rare earth in the field had a pity selling situation. Xu, bullish future market, recent on-site transactions in general. The supply of rare earth is normal in China. The price fluctuation of rare earth market is related to the national environmental protection supervision. Rare earth production has its particularity, especially the radiation hazards of some products, which make the environmental protection supervision stricter. Under stringent environmental protection inspection, rare earth separation enterprises in many provinces have stopped production, resulting in a general market input of rare earth oxides, especially some mainstream rare earth oxides, with normal supply and stable price trend in the rare earth market. Recently, large enterprise groups in the field are reluctant to sell. The market of rare earth oxides is general, but for products. Pricing major manufacturers are also cautious.

Recently, the State Environmental Protection Department has made no reduction in its stringent efforts, which has a greater impact on the rare earth industry. The rare earth industry has a low start-up and a cold market. Recently, the Development and Reform Commission and the relevant departments have stepped up effective measures to regulate the industry, innovate and improve the relevant management mechanism, accelerate the construction of a rational industrial structure, advanced scientific and technological level, effective protection of resources, orderly production and operation of the industry development pattern, and give full play to the special price of rare earth as a strategic resource. Meanwhile, the supply of raw ore resources in the upstream of the rare earth industry has shrunk, and people in the domestic market are waiting for the good news of the policy and national reserves.

Rare earth analysts from business associations expect that domestic environmental stringency will not diminish in the near future, coupled with domestic rectification of the order of the rare earth industry, Myanmar’s export restrictions and normal supply, but the demand for rare earth downstream has been supported in the near future, and some prices in the rare earth market are expected to rise.