On August 20, the rare earth index was 372 points, up 2 points from yesterday, down 62.80% from the cyclical peak of 1000 points (2011-12-06), and up 37.27% from the lowest point of 271 on September 13, 2015. (Note: Period refers to 2011-12-01 to date).
| PVA 0599 (PVA BF05) |
The average price of Neodymium in rare earth metals increased by 0.5 million yuan per ton to 391.5 million yuan per ton, dysprosium metal by 2.3 million yuan per ton and praseodymium metal by 695 million yuan per ton. The average price of praseodymium and neodymium oxide in rare earth oxides increased by 0.5 million yuan/ton to 3.075 million yuan/ton; the price of dysprosium oxide dropped by 10,000 yuan/ton to 1.93 million yuan/ton; the average price of praseodymium oxide was 3.825 million yuan/ton; and the average price of neodymium oxide increased by 0.5 million yuan/ton to 3.950 million yuan/ton. The price of praseodymium and neodymium alloys in rare earth alloys increased by 5,000 yuan/ton to 391,500 yuan/ton, while the average price of dysprosium-iron alloys decreased by 10,000 yuan/ton to 192,000 yuan/ton.
Recently, the price of heavy rare earths has been slightly lower, but the price of light rare earths has risen. The domestic rare earth market is generally trading. Dysprosium metals have declined. Recently, the market of Pd and Nd series products has risen. The supply in the market is normal. The price of light rare earths has recovered slightly in the near future. The price fluctuation of rare earth market is related to environmental protection supervision in the whole country. Rare earth production has its particularity, especially the radiation hazard of some products, which makes 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.
| PVA |
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. At the recent press conference on macroeconomic operation held by the Development and Reform Commission, Meng Wei, spokesman of the National Development and Reform Commission (NDRC), answering reporters’questions on rare earth, said that on the basis of in-depth investigation and scientific demonstration, relevant policies and measures would be put forward to give full play to the special value of rare earth as a strategic resource. Due to the increasingly obvious regulatory effect, 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 the national reserve.
Rare earth analysts of business associations expect that the domestic environmental protection will not be reduced in the near future, coupled with the domestic reorganization of the order of the rare earth industry, Myanmar’s export restrictions and normal supply, but the recent rare earth market trading situation is general, and the price of the rare earth market is expected to remain mainly volatile.
| POLYVINYL ALCOHOL |