China’s domestic rare earth market continues to decline

Recently, the price of heavy rare earth in China has continued to decline. The price trend of some rare earth products is as follows:

In recent years, the market price of heavy rare earth in China has continued to decline. As of the 23rd, the price of dysprosium oxide was 164500 yuan / ton, down 11.8% in October; the price of dysprosium ferroalloy was 164500 yuan / ton, down 11.8%; the market price of light rare earth also fell correspondingly, with the price of neodymium oxide being 304500 yuan / ton, down 4.69% in October; the price of praseodymium neodymium alloy being 382500 yuan / ton, down 6.13%; and the price of praseodymium neodymium alloy being 382500 yuan / ton. Oxide prices fell to 302500 yuan / ton, down 4.72% in October. In recent years, the price of heavy rare earth in China has been falling continuously, while the price of light rare earth market has been declining slightly. In recent years, the gateway trade in Myanmar is normal, and the supply of heavy rare earth market in China has increased. Affected by the low price selling of some manufacturers, the price of heavy rare earth market has been falling continuously.

On October 22, the rare earth index was 351, down 6 points from yesterday, 64.90% from the highest point in the cycle, 1000 (2011-12-06), and 29.52% higher than the lowest point, 271 on September 13, 2015. (Note: cycle refers to 2011-12-01 to now).

In recent years, the price of rare earth in the market has been falling continuously, and the price of heavy rare earth in the rare earth market has declined by a large margin. With the reopening of the gateway in Myanmar, the supply of domestic heavy rare earth market has increased, and some on-site merchants have sold off, and the price of domestic heavy rare earth continues to decline. In addition, in the near future, the demand for permanent magnet is still not improving, the market trend of PR nd series products is declining, the on-site supply is normal, the demand for light rare earth is not good in the near future, and the market price is low. The price fluctuation of rare earth market is related to the national environmental protection supervision. Rare earth production has particularity, especially some products have radiation hazards, which makes the environmental protection supervision more strict. Under the strict environmental protection inspection, the manufacturers reasonably controlled the sales, but in the near future, the downstream demand entered the off-season, some enterprises sold at low prices, and the market price of light rare earth was correspondingly lower.

In the near future, the national environmental protection department has made unremitting efforts to inspect the rare earth industry. Jiangxi Province has strengthened the supervision of the rare earth industry, which has a great impact on the rare earth industry. The rare earth industry has a relatively low start-up situation, and the market situation is cold, which has brought some good support to the rare earth market. Recently, the supervision group of the State Council went to Jiangxi Province to supervise rare earth enterprises. This supervision focused on the major deployment of the Party Central Committee and the State Council, highlighted the key and difficult issues in the field of economic operation and reform and development, focused on the strong blocking points and pain points reflected by the people and market subjects, and promoted the implementation of various work. In addition, the national development and Reform Commission and the relevant departments have taken effective measures to rectify and standardize the industry, innovated and improved the relevant management mechanism, accelerated the construction of an industry development pattern with reasonable industrial structure, advanced scientific and technological level, effective resource protection and orderly production and operation, effectively utilized the special value of rare earth as a strategic resource, and the supply of raw ore resources in the upstream of the rare earth industry has shrunk. , people in the domestic arena are waiting for the specific good news of the policy and the national reserve.

Rare earth analysts of the business club expect that in the near future, the intensity of strict environmental protection inspection in China will not be reduced. In addition, the order of rare earth industry will be rectified in China, and the supply of rare earth industry in Jiangxi will be maintained at a low level. However, the downstream demand for rare earth will not improve in the near future, and the import of heavy rare earth will increase. It is expected that some prices in rare earth market will continue to decline.